Table 22-7 Suppose That Residents of a Town Are Asked to Vote

question 70

Multiple Choice

Table 22-7
Suppose that residents of a town are asked to vote on the best way to improve the safety of an intersection. The three choices are: a stoplight, a 4-way stop, and a 2-way stop. The voters are divided into three groups based on their preferences.
Voter Type
-Refer to Table 22-7. If the vote were conducted according to a Borda count system where each person's first choice receives 3 points, second choice 2 points, and third choice 1 point, the result would be

• A)a 2-way stop.
• B)a 4-way stop.
• C)a stoplight
• D)a tie between a 2-way stop and a stoplight.

---

Definitions:

Production Units

The measurable amount of goods or services produced over a specific period of time.

Master Budgeting

A comprehensive financial planning document that encompasses all of a company’s budgets, including sales, production, and financial budgets.

Cash Budget

A cash budget is a financial plan that estimates cash inflows and outflows over a specific period, often used by businesses to manage liquidity and ensure they have enough cash to meet obligations.

Budgeted Financial Statements

Financial statements projected for a future period, based on estimates of revenues, expenses, and other financial activities.