Individuals Sentenced to a Year or More of Incarceration Are

question 16

Multiple Choice

Individuals sentenced to a year or more of incarceration are sent to __________, while individuals sentenced to less than a year of incarceration are sent to __________.

• A) prison, jail
• B) jail, prison
• C) probation, parole
• D) parole, probation

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Definitions:

Disbursements

Payments made by a business, often related to operational expenses or loan repayments.

Optimal Average Cash Balance

The ideal level of cash a company seeks to maintain to minimize the costs associated with holding too much or too little cash.

Weekly Interest Rate

Interest calculated and applied on a weekly basis, often referred to in terms of loans or savings.

BAT Model

Behaviorally Adjusted Time (BAT) Model refers to a calculation method designed to account for the inefficiencies human behavior introduces into the financial markets.