On a Graph, the Horizontal Line or the X Axis

question 206

Multiple Choice

On a graph, the horizontal line or the X axis is called the _____, while the vertical line or Y axis is called the _____.

• A)abscissa; ordinate
• B)ordinate; abscissa
• C)standard deviation; central tendency
• D)central tendency; standard deviation

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Definitions:

Long-Term Assets

Assets that are expected to provide economic benefits to a firm for more than one fiscal year, such as land, buildings, and machinery.

Current Liabilities

A firm’s financial obligations to short-term creditors, which must be repaid within one year.