Steve,Brandon,and Dylan Are Three Friends Who Have Been Convicted of Burglary.After

question 32

Multiple Choice

Steve,Brandon,and Dylan are three friends who have been convicted of burglary.After their sentencing,they are all sent to a prison where they take many tests to determine their programming needs.After they complete these tests,they are each sent to a different prison.Steve does not have a prior prison record and is considered a nonviolent offender,so he is sent to a prison where he resides in a dormitory-style housing unit and has a great deal of freedom of movement.Brandon,like Steve,does not have a prior prison record and is sent to a prison where he must share his cell with another inmate,and he does not have very many opportunities for educational or vocational programs.Dylan is considered a high security risk given his prior record and his behavior while he was on bail awaiting trial.He is sent to a prison where he is subjected to a count at least four times a day and spends very little time outside of his cell.The testing process that Steve,Brandon,and Dylan go through after being sentenced is referred to as:

• A)prediction.
• B)registration.
• C)reception.
• D)classification.

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Definitions:

Liability Insurance Policy

A financial product that provides the insured party with protection against claims resulting from injuries and damage to people and/or property.

Prepaid Expense

Expenses paid in advance for goods or services to be received in the future, recorded as assets on the balance sheet until they are actually consumed.

Insurance Expense

The cost recognized in the accounting period related to the premiums paid for insurance policies.

Retained Earnings

Profits that a company keeps after dividends are paid to shareholders, used for reinvestment in the business or to pay off debt.