__________ Was the First Penal Institution to Use Individual Cells

question 36

Multiple Choice

__________ was the first penal institution to use individual cells and work details for inmates.

• A) Sing Sing
• B) Walnut Street Jail
• C) Eastern State Penitentiary
• D) Castle Island Fortress

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Definitions:

Dividend Payable

A liability recorded on a company's balance sheet representing the amount of dividends declared by the board of directors but not yet paid to shareholders.

Cum Div. Basis

A term indicating that a stock is trading with the right to receive the most recently declared dividend, as opposed to "ex-dividend" where the right is not included in the purchase.

Pre-acquisition Entry

A journal entry made to record the financial impacts of acquiring company interest or assets before full acquisition or control is obtained.

Declared Dividend

A payment authorized by a company’s board of directors to be distributed among shareholders out of the company’s earnings.