Bill and Tom Are Both on Probation

question 20

Multiple Choice

Bill and Tom are both on probation.Bill has committed a felony and must report monthly to his probation officer.Tom,on the other hand,committed a misdemeanor and does not have to report monthly.He simply has to send a form in by mail each month notifying his probation officer of any change in his address,employment,or school.Bill is under ________ supervision.

• A)passive
• B)aggressive
• C)active
• D)inactive

---

Definitions:

Acid-Test Ratio

A financial metric that measures a company's ability to cover its current liabilities with its most liquid assets.

Liquidity Problems

Financial challenges arising from a company's inability to convert assets to cash quickly without significant loss in value, possibly hindering its capacity to meet its short-term obligations.

Purchase Discounts

Reductions in the price of goods purchased, often provided by suppliers as an incentive for early payment.

Trade Discounts

A reduction in the listed price of goods or services offered by sellers to buyers, often based on volume purchased or to maintain long-term business relationships.