A Vertical Bar Chart in Which the Height of the Bars

question 50

Multiple Choice

A vertical bar chart in which the height of the bars represents the relative or cumulative frequency of occurrence is called a ________.

• A) line chart
• B) pictograph
• C) histogram
• D) pie chart
• E) box and whiskers chart

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Definitions:

Purchases Journal

An accounting ledger in which purchases of goods on credit are recorded.

Current Selling Prices

The present market value at which goods or services are offered for sale.

FIFO Method

An inventory valuation method that assumes the first items placed in inventory are the first sold, standing for "First In, First Out."