A Prison Administrator May Reduce a Prisoner's Sentence for Good

question 80

Multiple Choice

A prison administrator may reduce a prisoner's sentence for good behavior.This is called

• A)time served.
• B)good time.
• C)behavioral discretion.
• D)work release.

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Definitions:

Gross Profit

The difference between sales revenue and the cost of goods sold, before deducting overheads, interest, taxes, and other expenses.

FIFO

First In, First Out, an inventory valuation method where the earliest items added to inventory are the first to be removed, impacting cost of goods sold and inventory valuation.

Costs

The expenses incurred in acquiring or producing goods and services.

Beginning Inventory

The value of a company's inventory at the start of an accounting period, which is carried over from the end of the previous period.