Type of voting in which all directors in voting lists are voted at same time is classified as
A
cumulative voting
B
non-cumulative voting
C
dual class voting
D
limited voting
Correct Answer: cumulative voting
Type of voting in which all directors in voting lists are voted at same time is classified as cumulative voting. Cumulative voting is a type of voting system that helps strengthen the ability of minority shareholders to elect a director. This method allows shareholders to cast all of their votes for a single nominee for the board of directors when the company has multiple openings on its board.