How Is the Number of Electoral Votes Determined for Each

question 51

Short Answer

How is the number of electoral votes determined for each state? Many states have debated changes to the process by which electoral votes are awarded. Can such changes be made? If so, what are the options?

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Definitions:

Tornado

A violently rotating column of air extending from a thunderstorm to the ground, capable of vast destruction.

Inventory Method

An accounting technique used to determine the cost of goods sold and the end-of-period inventory valuation.

Retrospective Approach

A method of applying certain changes in accounting policies to past periods as if the new policy had always been in place.

LIFO

Last In, First Out, an inventory valuation method where the most recently acquired items are assumed to be sold first, affecting cost of goods sold and inventory value on the balance sheet.