A Judge Sentences an Offender to Five Years in Prison

question 100

Multiple Choice

A judge sentences an offender to five years in prison, but then suspends the prison sentence and allows the offender to serve his time on ______________.

• A) Parole
• B) Probation
• C) Leniency
• D) Corrections

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Definitions:

Payback

The period of time it takes for an investment to generate an amount of money equal to the initial cost of the investment.

Time Value

The belief that money available now is worth more than an identical amount in the future because of its potential earning power.

Relevant Cash Flows

Cash flows that will only occur as a result of undertaking a project or investment.

Financial Perspective

An viewpoint emphasizing the importance of managing a company's financial resources wisely to ensure its long-term success and stability.