A _____ Is a Case Heard Only by a Judge,wherein

question 113

Multiple Choice

A _____ is a case heard only by a judge,wherein the judge acts as both trier of law and trier of fact.

• A)bench trial
• B)speedy trial
• C)trial by ordeal
• D)jury trial
• E)mock trial

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Definitions:

Operating Expenses

Expenses incurred during the ordinary course of business operations, including costs related to sales, administration, and general activities.

Net Income

The remaining revenue after all costs, expenses, and taxes have been subtracted from a company's total revenue; essentially, a company's profit.

Periodic Inventory

An inventory system in which the inventory count is conducted at specific periods, determining the cost of goods sold by beginning inventory plus purchases minus ending inventory.

Merchandise Inventory

Goods a company intends to sell to customers that are stored as inventory.