An Advantage of Using a Bar Chart to Visualize Customer

question 131

Multiple Choice

An advantage of using a bar chart to visualize customer profitability is that ________.

• A) differences in commissions paid to sales persons stand out
• B) the number of "unprofitable" customers stand out
• C) trends in the volume of purchases become apparent
• D) company can get ideas about new products or improved methods

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that a company's financial transactions are correctly recorded.

Worksheet

A paper or digital document used to organize information, perform calculations, and prepare for the creation of financial statements.

Revenue

Total financial returns resulting from a company's main operational activities, specifically the sale of its goods or services.

Expenses

Expenses are the costs incurred during the operation of a business to generate revenue, including operational costs, salaries, and utilities.