Which of the Following Is a True Statement About Chart

question 29

Multiple Choice

Which of the following is a true statement about chart elements in Microsoft Excel? ​

• A)Excel uses the data series values as the default legend.
• B)An overlaid chart title cannot be edited or formatted.
• C)Excel allows you to edit or replace the default chart title.
• D)Chart elements cannot be placed on top of a chart.

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Definitions:

Controllable Overhead Variance

The difference between the actual overhead costs incurred that are directly manageable by a manager and the budgeted or standard overhead costs.

Direct Labor Hours

The total number of hours worked by employees directly involved in the manufacturing process.

Manufacturing Overhead

All indirect costs associated with the manufacturing process, excluding direct materials and direct labor.

Controllable Variance

The difference between actual and expected amounts that can be directly managed or controlled by responsible individuals.