The Vertical Axis in a Graph

question 46

Multiple Choice

The vertical axis in a graph

• A) has no origin.
• B) is named the x- axis.
• C) is named the y- axis.
• D) is not used in a scatter diagram.

---

Definitions:

Absolute Priority Rule

A principle in bankruptcy proceedings that senior creditors are paid before junior creditors and shareholders.

Liquidation

Termination of the firm as a going concern.

Administrative Expenses

Costs related to the general operation of a business that aren't directly tied to a specific project or product.

Indirect Cost

Expenses not directly tied to the production of goods or services, such as office supplies, utilities, and administrative salaries.