The Ethical Issues of Halfway Houses Are Similar to Those

question 29

Essay

The ethical issues of halfway houses are similar to those of community corrections and institutional corrections. Scandals in New Jersey revealed that non-profit companies such as the Kintock Group also had a for-profit business operating under the same corporate umbrella. As the Chief Strategist to the new Governor of New Jersey, you want to convince your boss to introduce systemic changes in how halfway houses are run, and who is allowed to benefit from them. Write a position paper to the Governor, elaborating your position in detail.

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Definitions:

Journalize

The process of recording financial transactions in a company's journal, marking the first step in the accounting cycle.

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial reports, which may or may not align with the calendar year.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Assets

Resources owned or controlled by a business or individual, which are expected to produce future economic benefits.