Which One of the Following Graphical Tools Is Used with Quantitative

question 67

Multiple Choice

Which one of the following graphical tools is used with quantitative data?

• A)Bar chart
• B)Histogram
• C)Pie chart
• D)Pareto chart

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Definitions:

Accounts Payable

Liabilities or amounts owed by a business to its suppliers or creditors for goods and services received but not yet paid for.

Direct Materials Budget

A financial plan that estimates the raw materials required for production and the associated costs for a specific period.

Cash Payments

Transactions in which money is paid out or disbursed by a business, typically related to operational expenses, purchases, or other financial obligations.

Raw Materials Inventory

The total cost of all components and materials a company holds that are yet to be used in the manufacturing process.