Which of the Following Statements Pertaining to Custodial Institutions Is

question 5

Multiple Choice

Which of the following statements pertaining to custodial institutions is true?

• A)They were more likely to house inmates who were White.
• B)They were popular in the northern states.
• C)Inmates were provided with little programming or treatment.
• D)Inmates were housed in separate and comfortable cells.

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Definitions:

Actuarially Determined

Calculations made based on actuarial methods and assumptions, often used in determining pension liabilities and insurance premiums.

Pension Benefit Obligation

The reported estimate of the total amount due to employees in relation to pension benefits as per the terms of the pension plan.

Interest Cost

The total amount of interest that will be incurred over the lifetime of a debt.

Service Cost

The actuarial present value of benefits attributed by the pension plan formula to employee service during the period.