Through the Privatization of Prisons,as of 2001,approximately 20% of Federal

question 51

True/False

Through the privatization of prisons,as of 2001,approximately 20% of federal andstate prisoners were housed in private prisons.

---

Definitions:

IFRS

International Financial Reporting Standards, a set of global accounting standards developed by the International Accounting Standards Board (IASB) for financial reporting.

Cash Interest

Interest payments made in cash on a debt obligation over a specific period.

Cash Flow From Operations

The portion of cash flow that results directly from a company's regular business operations, excluding financing or investing activities.

Depreciation

The systematic reduction in the recorded cost of a fixed asset to allocate its cost over its useful life, reflecting wear and tear, decay, or obsolescence.