When You Want the Audience to Compare Items or See

question 41

Multiple Choice

When you want the audience to compare items or see a distribution or correlation, use a

• A) pie chart.
• B) line graph.
• C) drawing.
• D) bar chart.
• E) table.

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Definitions:

Net Realizable Value

Net Realizable Value is the estimated selling price of goods minus the estimated cost of completion and sales expenses.

Accounts Receivable

Unpaid amounts by customers for goods or services already supplied by a company.

Write Off

The accounting action of declaring that an asset is partially or totally worthless, reducing its value to zero in the books.

Contra-Revenue Account

An account that is used to record reductions in gross revenue, such as sales returns, allowances, and discounts.