When Is a Criminal Said to Be Judgment Proof

question 10

Multiple Choice

When is a criminal said to be judgment proof?

• A) when the criminal has not been read his Fifth Amendment rights prior to his arrest
• B) when the criminal has been deemed to be insane by a court judgment
• C) when the criminal does not have the money to pay a civil judgment
• D) when the criminal is found to be unfit to go to prison

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Definitions:

Fixed Manufacturing Overhead

The portion of manufacturing overhead costs that remain constant regardless of the level of production, such as rent and salaries of permanent staff.

Denominator Activity

In managerial accounting, a measure of activity used to allocate fixed costs to cost objects.

Cost Per Unit

It represents the total cost incurred for producing, manufacturing, or acquiring a product divided by the number of units.

Volume Variance

A measure of the difference between the budgeted and actual volume of production, affecting costs or profitability.