Which of the Following Statements Is True About Voting Results

question 13

Multiple Choice

Which of the following statements is true about voting results if preferences are intransitive?

• A)The result of voting never reflects majority preferences.
• B)It is impossible to predict the outcome when preferences are intransitive.
• C)The person who sets the agenda (sequence of votes) may be able to control the outcome.
• D)Only a Borda Count yields a unique result when preferences are intransitive.

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Definitions:

Operating Cash Flow

Measures the cash generated from a company's normal business operations, indicating whether a company can maintain or grow its operations without new financing.

Net Working Capital

The difference between a company's current assets (like cash, inventory, receivables) and its current liabilities (like payables), indicating short-term financial health and operational efficiency.

Cash Flow From Assets

The total amount of money being transferred in and out of a business, particularly from operational, investing, and financing activities.

Shareholders' Equity

The ownership interest of shareholders in a company's assets, once all liabilities have been subtracted.