All of the Following Statements Are TRUE About the Basics

question 66

Multiple Choice

All of the following statements are TRUE about the basics of dashboard design EXCEPT:

• A)Dashboard components typically consist of tables, PivotTables, PivotCharts, conditional formatting, and other features available in Excel.
• B)How a dashboard is designed has just as much of an impact on its effectiveness as the data displayed.
• C)Dashboards that do not include multi-screen, visually oriented user interfaces are poorly designed.
• D)Typically, dashboards are also oriented around specific business activities, such as sales analysis, cash flow, employee productivity, and customer service.

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Definitions:

Markup

The surcharge applied to the original cost of items to compensate for overhead expenses and secure earnings.

Plantwide Predetermined Rate

A single overhead rate calculated using the total estimated overhead costs divided by an estimated allocation base for an entire factory or plant.

Machine-Hours

A measure of the time that a machine is in operation, used in costing and operational analysis.

Departmental Predetermined Rates

Overhead allocation rates set in advance for specific departments to allocate indirect costs more accurately.