A Prisoner That Is Sentenced for Two Crimes and Serves

question 99

Short Answer

A prisoner that is sentenced for two crimes and serves his sentences one after the other is serving ______ sentences.

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Definitions:

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life.

Interest Expense

The cost incurred by an entity for borrowed funds; this can include payments on loans, bonds, or other financial liabilities.

LIFO

Last In, First Out, an inventory valuation method where the most recently produced items are recorded as sold first.

FIFO

An accounting method for asset management and valuation where the first items acquired are the first ones sold or used.