Use a Preference Table for the Following Preference Ballots to Answer

question 9

Essay

Use a preference table for the following preference ballots to answer the questions. (a)How many people voted?
(b)How many people voted for the candidates in the order of preference BCA?
(c)How many people voted for candidate B for their first choice?

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Definitions:

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period.

Average Cost

An inventory costing method where the cost of goods sold and ending inventory is determined by averaging the cost of all purchases.

Consolidated Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, taking into account both its subsidiaries and parent company.

Average Exchange Rate

A calculation representing the mean value of a currency against another over a specified period.