A Politician,who Wants to Receive the Maximum Number of Votes,spends

question 2

Multiple Choice

A politician,who wants to receive the maximum number of votes,spends 9 hours a week speaking to various groups.The table below shows his estimates of how time spent with each group will affect the number of votes he receives: Based on the information above,how many EXTRA votes will the politician receive if he devotes one more hour to speaking engagements i.e.,speaks 10 instead of 9 hours per week) ?

• A)150
• B)180
• C)200
• D)380
• E)none of the above

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Definitions:

Internal Control

The processes and procedures implemented by an organization to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Budgeting Process

The activity of preparing a detailed financial plan for achieving the financial and operational goals of an organization.

Prime Costs

The combined costs of direct materials and direct labor that are directly attributable to the production of goods.

Production Budget

A Production Budget is an estimate of the number of units that must be manufactured to meet sales goals and, therefore, it details the cost of raw materials, labor, and other resources necessary for production.