A ________ Is a Commonly Used Tool for Showing How

question 73

Multiple Choice

A ________ is a commonly used tool for showing how the parts of a whole are distributed.

• A)line chart
• B)flowchart
• C)pie chart
• D)tag cloud
• E)bar chart

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Definitions:

Carrying Amount

The book value of assets and liabilities, calculated as the original cost minus any accumulated depreciation, impairment, or amortization.

Fair Value

The expected proceeds from an asset sale or the financial commitment for a liability shift in an orderly engagement among market participants at the time of determining value.

Loss on Acquisition

A financial loss that occurs when the cost to acquire a company or asset exceeds its fair value.

Gain on Sale

The profit realized from the sale of assets that exceeds the book value of those assets.