A Crime Punishable by Death or Imprisonment for More Than

question 76

Multiple Choice

A crime punishable by death or imprisonment for more than one year is referred to as a ______.

• A) felony
• B) misdemeanor
• C) personal injury
• D) infraction

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Definitions:

Dividend Payments

Payments made to shareholders out of a corporation's earnings reflecting their share in the ownership.

Operating Expense

Ongoing costs for running a product, business, or system, not including the cost of goods sold but encompassing items like salaries and rent.

Wages Expense

The total amount of wages paid to employees during a specific period as an expense to the company.

Interest Expense

The price paid by an entity for the privilege of using borrowed funds over a designated period.