The Presentence Report Is Designed to Help the Judge Decide

question 22

True/False

The presentence report is designed to help the judge decide on an appropriate sentence within the limits established by law.This report is written by a probation officer after an investigation of the offender's background.

---

Definitions:

Noncontrolling Interest

Represents the equity interest in a portion of a subsidiary's net assets that is not attributable directly or indirectly to the parent company.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having a vote in corporate decisions but in the last in line during liquidation.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often receiving dividends before common shareholders and having a fixed dividend rate.

Intra-Entity Transaction

Transactions that occur between two segments within the same company.