Information and Statistics Collected by the Police, Courts And/or Correctional

question 46

Multiple Choice

Information and statistics collected by the police, courts and/or correctional agencies is called:

• A) unofficial data
• B) official data
• C) self-report data
• D) jurisdiction report data

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Definitions:

Market Prices

The current price at which an asset or service can be bought or sold in a open and competitive market.

Realization

The process of converting non-cash assets into cash or accounts receivable through sales or other means.

Income Sharing Ratio

The proportion or percentage in which partners in a business agree to distribute the profits and losses among themselves.

Capital Balances

This term refers to the amounts of money partners in a partnership have contributed or that represents their share of ownership.