According to Recent Statistics, on Average, Jails Operate at ______

question 22

Multiple Choice

According to recent statistics, on average, jails operate at ______ of capacity.

• A) a small percentage
• B) a little less than half
• C) slightly more than half
• D) more than three-quarters

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Definitions:

Allowance for Doubtful Accounts

A contra-account reducing accounts receivable to reflect the amount expected not to be collected due to customers' defaulting.

Gross Amount

The total amount before any deductions, such as taxes, expenses, or discounts, are subtracted.

Trade Receivables

Trade receivables are amounts due to a business for goods sold or services provided on credit terms to customers.

Formal Instrument

A legal document expressing an agreement, obligation, or right enforceable by law.