The Task Force on Private Security of the National Advisory

question 8

Multiple Choice

The Task Force on Private Security of the National Advisory Commission on Criminal Justice Standards and Goals observed that a large percentage of criminal violators known to private security personnel are:

• A) referred to the criminal justice system
• B) not referred to the criminal justice system
• C) referred for federal prosecution
• D) punished by injunctions and torts

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Definitions:

Amortization Expense

The periodic reduction in the book value of an intangible asset over its useful life.

Functional Currency

The currency of the primary economic environment in which an entity operates, generally used in preparing financial statements.

Capital Assets

Long-term assets acquired for operating purposes, including land, buildings, machinery, and equipment, which are not easily convertible into cash.

Exchange Rates

The equivalent worth of one currency in another during exchange.