Samantha Has Been Out of Work for the Last Two

question 41

Multiple Choice

Samantha has been out of work for the last two years.  She could not afford to insure her car and one day the police stopped her during a routine traffic stop and arrested her for driving an uninsured vehicle, a felony in her state.  Her case is being reviewed by the district attorney.​

• A) It turns out that the police made a procedural error and that a quality defense lawyer could get Samantha off on a technicality.  The district attorney advises the police the best course of action is to drop the case.  The DA is fulfilling which function?
• B) Trial counsel for the police
• C) Representative of the court
• D) House counsel for the police
• E) Elected official
• F) ​​​Prosecutor

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Definitions:

Net Operating Income

The earnings derived from a company's day-to-day operations, after subtracting all operational expenses except interest and taxes.

Absorption Costing

An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.

Contribution Margin

The profit remaining after variable costs have been subtracted from revenue, indicating how much contributes to covering fixed costs and generating profit.

Variable Cost

Variable costs are expenses that change in proportion to the activity of a business, such as materials and labor costs.