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Starting in the 1970s, a Program Called Scared Straight Exposed

question 85

Multiple Choice

Starting in the 1970s, a program called Scared Straight exposed at-risk youth to the harsh reality of prison life. According to your textbook, which of the following is true about this program?


Definitions:

Future Liability

A financial obligation or debt that a company is required to pay at a future date.

Income Tax Expense

The total amount of income tax a company is required to pay to the government, reflected as an expense in its income statement.

Deferred Tax Asset Valuation Allowance

A contra-asset account used to decrease the value of deferred tax assets if it is more likely than not they will not be realized.

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