Over an Eight-Year Period,an Evaluation of the Efficacy of the Custody

question 36

Multiple Choice

Over an eight-year period,an evaluation of the efficacy of the Custody Rating Scale (CRS) demonstrated that:

• A)minimum security placements increased and escape rates increased
• B)minimum security placements decreased and escape rates decreased
• C)minimum security placements increased and escape rates decreased
• D)minimum security placements decreased and escape rates increased

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Definitions:

Working Capital

The variance between an organization's existing resources and immediate liabilities, demonstrating the financial liquidity to support day-to-day operations.

Straight-Line Depreciation

An operation for spreading the cost of a physical asset throughout its effective life in regular yearly installments.

Initial Investments

The upfront capital invested in a project or company, which may include the purchase of equipment, buildings, or starting funds for operations.

After-Tax Discount Rate

The rate used to discount future cash flows to their present value, adjusted for taxes.