_____ Refers to the Release of an Inmate from Prison

question 27

Multiple Choice

_____ refers to the release of an inmate from prison at the end of his or her sentence without any further correctional supervision.

• A) Furlough
• B) Parole
• C) Expiration release
• D) Probation release

---

Definitions:

CVP Model

The Cost-Volume-Profit model, a financial analysis tool used to determine the effects of varying levels of cost and volume on a company's profits.

Total Revenue Function

A mathematical formula that represents the total income of a company from its sales of goods or services, typically as a function of price and quantity.

Total Cost Function

A mathematical expression that represents the total cost of production, combining fixed and variable costs, as a function of output level.

Profit Maximisation

The process of adjusting the production and sale of goods and services to achieve the highest possible profit levels, considering constraints and market conditions.