A Bar Chart Is Used to Display A

question 55

Multiple Choice

A bar chart is used to display a:

• A) time series data
• B) continuous variable
• C) qualitative variable
• D) quantitative variable
• E) discrete variable

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Definitions:

Variable Costs

Expenses that vary proportionally with the level of production or sales volume, such as raw materials and direct labor.

Responsibility Accounting

An accounting system that collects, summarizes, and reports financial information related to the responsibilities of individual managers.

Day-to-Day Decisions

These are routine decisions made by individuals or businesses on a regular basis, dealing with operational aspects rather than long-term strategic planning.

Accounting Data

Information related to financial transactions and status that is compiled and maintained by a company's accounting system.