Case 16-2 Since Extensive Data in the Form of Numbers

question 23

Multiple Choice

Case 16-2 Since extensive data in the form of numbers can be difficult to assimilate, such data are better represented as charts. There are several types of charts available in Microsoft Excel. Choosing the right chart type to represent a data source is important to effectively illustrate a data. A chart type should be chosen based on the number of data series, range of data series values, type of data series etc. ​
Benjamin, a nuclear physicist, needs to represent electron decay at five time intervals for ten different elements. Benjamin thus has five data series for ten category values. In this scenario, Benjamin can use a _____ to represent the data.

• A)surface chart
• B)line chart
• C)radar chart
• D)pie chart

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Definitions:

Current Income Tax Liability

The amount of income tax that a company is obligated to pay to tax authorities within the current year.

Deferred Tax Asset

An accounting term that refers to a situation where a business has paid more taxes or estimates that it will pay more taxes than it will owe.

Warranty Expense

Costs a company incurs due to repairing or replacing products under warranty.

Tax Penalty

A tax penalty is a fine or charge imposed by governmental authorities on individuals or organizations for failing to comply with tax laws.