Which of the Following Is Not True of Data Visualization

question 24

Multiple Choice

Which of the following is not true of data visualization?

• A)It is a tool for analyzing data
• B)It is a way to provide data in charts, graphs, maps, and other graphics
• C)It is a replacement for Big Data
• D)It allows companies to more easily outline data trends

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Definitions:

Labor Efficiency Variance

measures the difference between the actual labor hours used and the standard labor hours expected for the production achieved, indicating labor efficiency.

Labor Efficiency Variance

A measure of the difference between the actual number of labor hours used and the standard number of labor hours expected to produce a certain level of output.

Materials Quantity Variance

The financial difference between the actual quantity of materials used in production and the standard expected quantity.

Favorable

A term used to describe outcomes or variances that are positive or beneficial to a business, such as lower costs or higher revenues than expected.