The Prison Problem of Retribution Refers to Which of the Following

question 25

Multiple Choice

The prison problem of retribution refers to which of the following:

• A) there are not enough prisons to house all of the criminals
• B) prisons are inherently inhumane
• C) not all prisons are the same and offenders are not all treated equally
• D) there is too much space in prisons that still need to be filled

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Definitions:

Revenue Recognition

The accounting principle that determines the specific conditions under which income becomes realized as revenue.

Feedback Value

The information obtained from assessing a decision or process that is used to make improvements or adjustments.

Relevance

A characteristic of financial information that is capable of making a difference in the decisions made by users.

Decision Usefulness

The quality of financial information that helps users make informed decisions regarding investment, credit, and similar activities.