This Type of Judge Is Nominated by the President and Confirmed

question 62

Multiple Choice

This type of judge is nominated by the president and confirmed by the Senate.

• A) Trial court judge
• B) Magistrate
• C) Federal judge
• D) Federal clerk
• E) ​C ivil court judge

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Definitions:

Pay Back

Refers to the time period required for an investment to generate cash flows or profits to cover its initial cost.

Accounting Break-even

The point at which total costs match total revenues, indicating that a business is neither making a profit nor a loss.

Net Present Value

The variance between the current worth of cash inflows and the current worth of cash outflows over a specific duration, employed to evaluate the profitability of an investment.

Discounted Payback Period

The length of time required for an investment’s discounted cash flows to equal its initial cost.