Use the Following Information to Answer the Questions
Twenty-Nine $\quad$

question 90

Multiple Choice

Use the following information to answer the Questions
Twenty-nine voters rank three candidates according to the following preference table. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of voters }$
$\begin{array} { l c c c c } & 3 & 9 & 8 & 9 \\\text { First choice } & \mathrm { C } & \mathrm { C } & \mathrm { A } & \mathrm { B } \\\text { Second choice } & \mathrm { B } & \mathrm { A } & \mathrm { B } & \mathrm { A } \\\text { Third choice } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { C }\end{array}$
-Which candidate wins using plurality runoff?

• A) A
• B) B
• C) C
• D) There is no winner.

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Definitions:

Line-by-Line Method

An approach in preparing consolidated financial statements where the income and expense items of the parent and subsidiary are added together line by line.

Proportionate Consolidation

A method of accounting where a parent company includes its share of the subsidiaries' revenues, expenses, assets, and liabilities in its financial statements proportionately.

Line-by-Line Method

A method of consolidation where the parent company's and its subsidiaries' financial statements items are added together line by line.