Simon Has Just Started a Job with the Police Department

question 92

Multiple Choice

Simon has just started a job with the police department. His director has given him the last six months of test results from four local precincts. Simon has organized the results as four data series and needs to display the trends in a graphic format.
-It's difficult to read the exact scale on some of Simon's data.Adding ____ would make it easier to read.

• A)a legend
• B)major tick marks
• C)colors
• D)more numbers

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Definitions:

Financing Activities

Refers to the transactions and events that affect long-term liabilities and equity of a company, including issuing debt, selling shares, and paying dividends.

Direct Approach

A method of income statement preparation where expenses are listed directly against revenue items to show the net income.

Indirect Approach

A method often used in preparing cash flow statements where net income is adjusted for non-cash transactions and changes in working capital.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investment securities, as part of a company’s cash flow activities.