Which of the Following Statements About Primaries Is LEAST Accurate

question 56

Multiple Choice

Which of the following statements about primaries is LEAST accurate?

• A) Some states used to hold blanket primaries, which allowed voters to cast votes across party lines, but this was ruled unconstitutional.
• B) Some states hold closed primaries, which allow only registered party members to participate.
• C) Some states hold open primaries, which allow voters to participate in whichever primary they wish.
• D) Some states insist that candidates receive a majority of the votes, not just a plurality, and require runoff elections if no one gains a majority.
• E) Once candidates have won their party's primary, they lose their independence to the party, which takes over decisions about how to utilize resources.

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Definitions:

Accounts Receivable Period

Also known as the average collection period, it refers to the average number of days it takes a company to collect payments from its credit sales.

Collecting Receivables

Collecting receivables involves the process or steps taken by a business to ensure that payments are received from customers for goods or services provided on credit.

Cash Cycle

The period of time between a company's purchase of inventory and the receipt of cash from accounts receivable.

Operating Cycle

The duration of time from the purchase of inventory to the collection of cash from sales, reflecting the efficiency of a company's operations.