Table 22-8 -Refer to Table 22-8.The Table Shows the Preferences of Four

question 246

Multiple Choice

Table 22-8

-Refer to Table 22-8.The table shows the preferences of four types of voters over four possible outcomes: A,B,C,and D.In addition,the table shows the percentage of voters of each type.If the election is an instant runoff,the winner will be

• A) A.
• B) B.
• C) C.
• D) D.

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Definitions:

Accounts Payable Period

The average number of days it takes for a business to pay its suppliers.

Receipt Of Inventory

The process of receiving goods or materials into stock, typically recorded at the time of delivery, impacting both inventory levels and accounts payable.

Payment For It

This term refers to the act of disbursing money in exchange for goods or services.

Cash Receipts

The collection of money, either in the form of cash or checks, received by a business during its operations.