What Is a Time-Series Chart

question 123

Multiple Choice

What is a time-series chart?

• A) A type of graph in which a circle is divided into sectors that each represent a proportion of the whole.
• B) A chart or graph that presents grouped data with rectangular bars with lengths proportional to the values that they represent.
• C) A chart is a graphical representation showing change of a variable over time.
• D) A small embedded line graph that illustrates a single trend.

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Definitions:

Salaries Payable

Salaries payable represent the amount of salary expenses that have been incurred by a business but have not yet been paid to employees.

Ceilings For Taxes

Limits set for the amount of taxes that can be imposed or charged by a government or regulatory entity.

Social Security Tax

A mandatory tax levied on both employers and employees to fund the Social Security program.

Medicare Tax

A federal tax that funds Medicare, a health care program for individuals who are 65 and older, which is deducted from employees' paychecks.