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CERTIFIED LEGAL MANAGER ALA STUDY GUIDE 2026 COMPREHENSIVE QUESTION SET WITH ANSWERS

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CERTIFIED LEGAL MANAGER ALA STUDY GUIDE 2026 COMPREHENSIVE QUESTION SET WITH ANSWERS

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CERTIFIED LEGAL MANAGER ALA STUDY
GUIDE 2026 COMPREHENSIVE QUESTION
SET WITH ANSWERS

◉ Byte.
Answer: Eight bits and the required amount of computer storage
needed for one keyboard stroke; KB = ~ 1K bytes; MG = ~ 1M bytes;
GB = ~ 1B bytes


◉ Business Interruption Insurance.
Answer: Protection for a business owner against losses resulting
from a temporary shutdown because of fire or other insured peril.
Provides reimbursement for lost net profits and necessary
continuing expenses.


◉ Business Continuity Planning.
Answer: Broadly defined as a management process that seeks to
identify potential threats and impacts to the organization and
provide a strategic and operational framework for ensuring the
organization is able to withstand any disruption, interruption or loss
to normal business functions or operation.


◉ Building Rentable Area.

,Answer: The sum of all the floor rentable areas. The portion of the
inside finished surface of the permanent outer building wall which is
50% or more of the vertical floor-to-ceiling dimension, at the given
point being measured as one moves horizontally along the wall.


◉ Statistics.
Answer: The theory and methods of collecting, classifying and
analyzing and interpreting quantitative data.


◉ Statement of Cash Flows.
Answer: Describes in summary form how the company generated
the cash flows it needed to finance its various financial opportunities
and responsibilities during the past year.


◉ Standard Deviation.
Answer: A statistic used as a measure of the dispersion or variation
in a distribution, equal to the square root of the arithmetic mean of
the squares of the deviations from the arithmetic mean.


◉ SQL.
Answer: Structured Query Language, SQL is a standardized query
language for requesting information from a database.


◉ Straight-Line Depreciation.

, Answer: Dividing the gross book value by the number of years in the
useful life of the asset.


◉ Strategic Planning.
Answer: A planning process that focuses on addressing broad
strategic issues regarding the not-distant future. Involves
determining how to take an organization from where it is to where it
wants to be.


◉ Stress Interview.
Answer: Interview designed to create anxiety and put pressure on
applicants to see how they respond.


◉ Strictness Error.
Answer: Occurs when rating of all employees fail at the low end of
the scale.


◉ Structured Interview.
Answer: Interview that uses a set of standardized questions asked of
all job applicants.


◉ Sublease.

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