Which Model of Judicial Behavior Reflects the Idea That Judges

question 22

Multiple Choice

Which model of judicial behavior reflects the idea that judges decide cases primarily on the basis of their personal policy preferences?

• A) attitudinal
• B) rational choice
• C) extralegal
• D) legal
• E) objectivist

Identify the managerial functions of planning, controlling, and directing, and their relevance in managerial accounting.

Appreciate the significance of internal reports in managerial decision-making and their characteristics.

Understand the differences between managerial and financial accounting in terms of purpose, audience, and report content.

Recognize planning as a key function of management that involves setting objectives for performance.

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Definitions:

Planning Budget

A forecast that outlines future income, expenses, and financial goals, guiding financial decision-making over a specific period.

Fixed Cost

Fixed cost refers to business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, or insurance, integral to budgeting and planning.

Total Expenses

The sum of all costs and expenses, both fixed and variable, incurred by a business during a specific period.

Planning Budget

A budget prepared for a specific level of activity, used as a tool for comparing actual results to see if plans and objectives are being met.