Which of the Following Is an Example of Cumulative Voting

question 20

Multiple Choice

Which of the following is an example of cumulative voting?

• A)Dan and Ben own ten shares together and two directors are to be elected, so they receive the right to cast 12 votes.
• B)Dan owns two shares and two directors are to be elected, but he receives no right to cast a vote.
• C)Dan owns six shares and two directors are to be elected, so he receives the right to cast six votes.
• D)Dan owns ten shares, and five directors are to be elected, so he receives the right to cast 50 votes.

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Definitions:

Activity-based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing more accurate product costing.

Idle Capacity

The unused portion of a company's production or service potential, often resulting in inefficiencies and increased costs.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate product cost information.

Machine-Hours

A unit of measure representing the operating time of a machine, used in allocating costs to products based on machine usage.