Probation and Parole Are Two Types of Community-Based Corrections

question 18

True/False

Probation and parole are two types of community-based corrections.

---

Definitions:

Cash Dividends

Payments made by a corporation to its shareholders out of its profits or reserves.

Quality of Income Ratio

A measure that compares cash flow from operating activities to net income, indicating the quality of a company's earnings.

Unearned Revenue

Revenue received by a company for goods or services yet to be delivered or performed.

Equipment Purchase

The act of acquiring equipment or machinery for the purpose of enhancing a company’s operational capacity or efficiency.