The Supreme Court's Approach During the Period from the 1950s

question 13

Multiple Choice

The Supreme Court's approach during the period from the 1950s through the 1970s in deciding cases on constitutional grounds is described as

• A)judicial restraint.
• B)judicial activism.
• C)judicial review.
• D)the dormant aspect of its judicial power.

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Definitions:

Administrative Expenses

Costs related to the general operation of a company, such as executive salaries, office supplies, and legal fees.

High-low Method

A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity during a period.

Contribution Margin

The amount by which the sale of a product exceeds its variable costs, indicating how much contributes towards covering fixed costs and generating profit.

Monthly Fixed Manufacturing Cost

Regular, unchanging costs incurred by a manufacturing facility each month regardless of the volume of production, such as rent, salaries, and insurance.