If You Saw a Graph with Rectangles Standing on a Horizontal

question 45

Multiple Choice

If you saw a graph with rectangles standing on a horizontal axis, what is the best immediate visual clue to determine whether it is likely to be a well-designed bar chart or a histogram?

• A) If the x-axis has numbers or labels.
• B) If the y-axis goes to zero or some other number.
• C) Whether it is black and white or in color.
• D) Whether the bars are solid or filled with patterns.

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Definitions:

Notes Issued

Financial obligations in the form of promissory notes that a company issues to creditors or investors to raise capital.

Account Payable

Liabilities to suppliers or creditors for goods or services received that have not yet been paid for.

Borrowing Money

The act of obtaining funds from a lender under the agreement to pay back the principal amount along with interest or other charges.

Payroll Expense

Payroll expense is the total amount of wages, salaries, and other compensation that a business pays to its employees over a specific period.