Which of the Following Is Made by Labeling Class Intervals

question 56

Multiple Choice

Which of the following is made by labeling class intervals on the abscissa,frequencies on the ordinate,and then drawing bars for each class interval with the height of each bar being determined by the number of scores in each class?

• A) scatter diagram
• B) histogram
• C) frequency polygon
• D) normal curve

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Definitions:

Selling Expense

Costs incurred directly and indirectly in making sales; these can include advertising, sales staff salaries, and commissions.

Periodic Inventory Method

An accounting method that updates inventory and cost of goods sold figures at the end of an accounting period, not at each sale.

Cost Of Merchandise Sold

The total cost incurred to purchase or produce the goods that have been sold to customers during a specific period.

Gross Profit

The difference between revenue and the cost of goods sold, indicating the amount before deducting operating expenses.