What Should You Not Select When Selecting Data for a Chart

question 40

Multiple Choice

What should you not select when selecting data for a chart?

• A)Column labels
• B)Row labels
• C)Data
• D)Worksheet titles

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Definitions:

Inventory

The raw materials, work-in-progress goods, and finished products that a business holds for the purpose of sale in the ordinary course of business.

Single-Step Income Statement

A simplified income statement that calculates net income or loss by subtracting total expenses from total revenues in one step.

Multiple-Step

An income statement format that segregates operating revenues and expenses from non-operating revenues, expenses, gains, and losses.

Revenues

Revenue that comes from regular business activities, factoring in discounts and allowances for products that are returned.