The Law Firm of Regal and Porter Is Examining Its

question 100

Multiple Choice

The law firm of Regal and Porter is examining its client base to determine how profitable its regular clients are.Its analysis indicates that Hawthorne,Inc.paid $179,200 in fees last year,but cost the firm $208,600 ($168,000 in billable labor,supplies,and copying,and $40,600 in allocated common fixed costs) .If Regal and Porter dropped Hawthorne,Inc.as a client,and all fixed costs are unavoidable,how would profit be affected?

• A)$0
• B)Increase $29,400
• C)Decrease $11,200
• D)Decrease $179,200

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Definitions:

Confidentiality

The practice of keeping sensitive information secret, especially in healthcare, to protect patient privacy.

Firewall

A network security system that monitors and controls incoming and outgoing network traffic based on predetermined security rules.

Documenting Error

The act of inaccurately recording information or failing to record information, which can impact various professional and academic fields.

Initialing

The act of marking with one's initials, often used to signify approval, verification, or responsibility for an item or document.