If the Viking Sales Company Plans to Display the Sales

question 35

True/False

If the Viking Sales Company plans to display the sales for each of its six major products for the year 2001, an effective chart to do this would be a histogram.

---

Definitions:

Consolidation Approach

A method in accounting where the financial statements of a parent company and its subsidiaries are presented as one.

Parent-Company Method

A method of accounting wherein investments in subsidiaries are shown at cost or at fair value within the parent company's financial statements.

Ownership Risk

The risk of loss in value or return on investment due to changes in ownership structure or disputes over property rights.

Share Dilution

A reduction in existing shareholders' ownership percentage caused by the issuance of new shares.