Pie Charts Are Useful For

question 32

Multiple Choice

Pie charts are useful for:

• A) illustrating time-series data.
• B) emphasizing dynamic relationships between two or more variables.
• C) depicting the relative size of portions of a total.
• D) illustrating trend relationships.
• E) depicting the relative growth in magnitude of a variable over time.

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Definitions:

Asset

Resources owned by a company that are expected to provide future economic benefits, including tangible and intangible items like property, equipment, and trademarks.

Allowance for Doubtful Accounts

An estimate of the amount of accounts receivable that a company does not expect to collect, treated as a contra-asset account.

Bad Debts Expense

The cost associated with accounts receivable that a company does not expect to collect.

Accounts Receivable

Money owed to a business by its customers for products or services that have been delivered but not yet paid for.