Which Would Be a Reason for  the Growth in the Prison

question 47

Multiple Choice

Which would be a reason for  the growth in the prison population?

• A)The increased number of private prisons
• B)The increased number of criminal justice programs
• C)The three-fold increase in the parole population
• D)Fewer offenders being sentenced to the community

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Definitions:

Break-even Point

The production level at which total revenues equals total expenses, resulting in neither profit nor loss.

Mixed Cost

Expenses that have both a fixed and variable component, changing somewhat in response to changes in production volume or activity levels.

Machine Hour

A measure used to allocate costs to products or services based on the number of hours a piece of equipment is operated.

Cost-volume-profit Analysis

A managerial accounting technique used to analyze how changes in costs and volume affect a company's operating income and net income.