A Data Point

question 85

Multiple Choice

A data point:

• A)is a numeric value that describes a single value on a chart.
• B)is a group of related data points.
• C)displays data comparisons vertically in columns.
• D)is a numeric value within a range of data.

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Definitions:

Tax Deduction

An allowable expense that can be deducted from taxable income, thus reducing the overall tax liability.

Fiscal Year

A one-year period used for financial reporting and budgeting that does not necessarily align with the calendar year; the start and end dates are chosen by the company or government entity.

Public Causes

Social or community issues and initiatives that aim to promote the public's interest or welfare.

Social Audit

A systematic assessment of a firm’s objectives, strategies, and performance in terms of social responsibility.