Individuals Who Have Been Charged with Offenses, but Have Not

question 68

Multiple Choice

Individuals who have been charged with offenses, but have not yet been convicted Often, are housed in ________.

• A)jails
• B)prisons
• C)halfway houses
• D)None of these are correct.

---

Definitions:

Consolidated Financial Statements

Financial statements that combine the financial information of a parent company with its subsidiaries to present a single set of statements for the entire group.

FVTPL

Fair Value Through Profit or Loss, an accounting strategy whereby financial assets are valued at their current market price, with changes in fair value recorded in the profit or loss statement.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence but not complete control.

Unrealized Gains And Losses

Gains and losses that have occurred on paper, but the corresponding financial assets have not yet been sold or realized.