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:

Bad Debt Expense

The expense recognized when receivables are no longer collectible, reflecting estimated losses from extending credit.

Percentage Rate

A proportion, often expressed as a percent, used to determine the interest to be charged or paid on a financial instrument or the growth rate of an investment.

Reported Earnings

The income stated in a company's financial statements, reflecting the company's performance over a specified period, typically a fiscal quarter or year.

Contra-Asset Account

A contra-asset account is an account used in a company's balance sheet to offset the balance of an associated asset account, reducing the net amount of both accounts.