Nathan and Thomas Were Both Just Convicted of Felonies and Sentenced

question 70

Multiple Choice

Nathan and Thomas were both just convicted of felonies and sentenced to prison. Nathan was convicted of attempted murder. Thomas was convicted of stealing multiple vehicles. Both offenders have juvenile records but this is their first conviction in adult court. Nathan is being sent to a state institution. Thomas is being sent to a private prison in the state.
-Thomas' crime of motor vehicle theft is classified as a property crime. What percentage of state inmates are property offenders?

• A)8%
• B)17%
• C)35%
• D)52%

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Definitions:

Contra-Asset

An account displayed on the balance sheet that reduces the value of a related asset, such as accumulated depreciation.

Liability

Financial obligations, debts, or responsibilities owed by a business to others, to be settled over time through the transfer of economic benefits.

Invoice Approval Form

Used by the accounting department in checking the invoice and finally approving it for recording and payment.

Purchasing Department

A division within a business that is responsible for acquiring goods and services that are necessary for the company's operations.