Use the Following Preference Table to Answer the Questions $\quad$

question 79

Multiple Choice

Use the following preference table to answer the Questions $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of voters }$
$\begin{array} { l c c c c } & 4 & 6 & 8 & 4 \\\text { First choice } & \mathrm { D } & \mathrm { C } & \mathrm { A } & \mathrm { B } \\\text { Second choice } & \mathrm { C } & \mathrm { B } & \mathrm { D } & \mathrm { A } \\\text { Third choice } & \mathrm { B } & \mathrm { D } & \mathrm { C } & \mathrm { C } \\\text { Fourth choice } & \mathrm { A } & \mathrm { A } & \mathrm { B } & \mathrm { D }\end{array}$
-Using plurality, A wins. Could the six voters who most prefer C (and prefer A least) vote insincerely to change the outcome in a way that would benefit them?

• A) No, they cannot change the outcome.
• B) Yes, they could get B to win.
• C) Yes, they could get C to win.
• D) Yes, they could get D to win.

Calculate and understand the fixed asset turnover ratio and its implications.

Identify capital expenditures in various scenarios.

Understand and calculate depreciation using different methods including straight-line, double-declining-balance, and units-of-output.

Understand the accounting treatment for exchanges of similar and dissimilar assets.

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Definitions:

Disapproval

The expression of dissatisfaction or condemnation towards someone or something.

Narcissistic

Pertaining to narcissism, a personality trait or disorder characterized by an inflated sense of self-importance and a deep need for excessive attention and admiration.

Talented

Possessing a natural aptitude or skill at a higher level than the average person.

Excessively Preoccupied

The state of being overly engrossed or obsessed with certain thoughts or activities to the detriment of one's well-being or daily functioning.