Why Has There Been a Decline in the Number of Cases

question 51

Multiple Choice

Why has there been a decline in the number of cases being settled in trials?

• A)Litigation is expensive.
• B)The federal sentencing guidelines encourage offenders to plead guilty by allowing judges to decrease sentences for those who take responsibility for their offense.
• C)Both choices are correct.
• D)Neither choice is correct.

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Definitions:

Operating Budgets

Financial plans that outline the projected revenue and expenses for the day-to-day operations of an organization.

Budgeted Income Statement

A financial statement that shows projected revenues, costs, expenses, and net income for a specific period of time.

Cash Budget

A financial plan that estimates cash inflows and outflows over a particular period of time, often used to assess liquidity.

Budgeted Sales

Projected sales figures used in financial planning and budgeting that estimate future sales during a specific period.