From the 1930s to the 1970s, _____ Was the Primary

question 47

Multiple Choice

From the 1930s to the 1970s, _____ was the primary sentencing philosophy in the United States.

• A) determinate sentencing
• B) three strikes
• C) indeterminate sentencing
• D) retribution

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Definitions:

Unearned Rent

Income received for rent before the rental period has occurred, classified as a liability until the services (rental period) are performed.

Accrued Salaries

Salaries that have been earned by employees but have not yet been paid by the employer, recognized as a liability on the balance sheet.

Journal Entry

A record in the books of accounts that documents a business transaction in terms of debits and credits.

Adjusting Entries

Fiscal period closing entries in accounts to properly assign incomes and expenditures to the interval in which they factually took place.