Probable Cause Is Based on Facts, and an Officer May

question 19

True/False

Probable cause is based on facts, and an officer may not rely solely on intuition, opinion, or a hunch.

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Definitions:

Variable Costs

Costs that vary directly with the volume of production or service delivery, such as materials and labor.

Fixed Costs

Expenses that do not change in total irrespective of the volume of goods or services produced by a company.

Break Even

The point at which total revenues equal total expenses, with no net loss or profit.

Variable Costs

Expenses that are directly tied to the rate of goods produced or services sold, such as the cost of materials and labor involved.