Which Graphic Aid Is Useful for Showing the Relationship of One

question 32

Multiple Choice

Which graphic aid is useful for showing the relationship of one variable to another?

• A)line chart
• B)bar chart
• C)table
• D)pie chart

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Definitions:

Comparative Balance Sheet

A financial statement that presents the balances of assets, liabilities, and equity at two or more points in time, allowing for comparison and analysis.

Current Income Statement

A financial report showing a company's revenues, expenses, and net income over a specific period, typically a quarter or year.

Prior Year's Income Statement

A financial report that shows a company's financial performance in terms of revenue, expenses, and net income for the previous fiscal year.

Statement of Cash Flows Worksheet

A financial document used to analyze and prepare the statement of cash flows, showing how cash changes from operating, investing, and financing activities.