Which of the Following Statements Is True About the Growth

question 36

Multiple Choice

Which of the following statements is true about the growth of private security in the United States?

• A)There are now more sworn police officers than private security officers.
• B)Sworn police officers equal the number of private security officers today.
• C)There are an estimated three times more private security officers than public law enforcement officers.
• D)Private security officers now handle all police investigations.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has rights, privileges, and liabilities independent of them.

FMV

Fair Market Value, the price that property would sell for on the open market.

Basis

The amount of investment in property for tax purposes; used to determine the gain or loss on the sale, exchange, or disposal of the property.

Taxable Gain

The profit arising from the sale or exchange of an asset that is subject to income tax.