In Classifying People Who Committed Crimes, Correctional Administrators Put Them

question 28

Multiple Choice

In classifying people who committed crimes, correctional administrators put them into groups based on .

• A) their needs for treatment
• B) risk
• C) security issues they pose to the prison
• D) All of these are correct

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Definitions:

Internal Rate of Return

A financial metric used to gauge the profitability of potential investments.

NPV

An evaluation metric used to estimate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Capital Budgeting Analysis

The process of evaluating and selecting long-term investments that are in line with the goal of shareholder wealth maximization.

Payback

A capital budgeting method that calculates the length of time required to recoup the original investment.