What Does the Alternative (Or Preferential)vote System Refer To

question 41

Multiple Choice

What does the alternative (or preferential) vote system refer to?

• A) the list system
• B) the decision to vote for a single-issue party
• C) a system where voters must select a majority
• D) a system in which voters rank candidates in order of preference

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Definitions:

Plantwide Overhead Rate

A single overhead rate calculated for an entire manufacturing plant, used to allocate overhead costs to multiple production departments or products.

Machine Hours

A measurement representing the operational running time of machinery, used in allocating manufacturing overhead costs based on usage.

Overhead Assigned

The process of allocating indirect costs to specific cost objects, such as products or services, based on predetermined rates or bases.

Allocation Base

A criterion or standard used to distribute costs among multiple cost objects in a fair and systematic manner.