A Pie Chart Can Be Created by Selecting the Charts

question 22

True/False

A pie chart can be created by selecting the Charts option from the Data tab in Microsoft Excel.

---

Definitions:

Percent of Sales Method

A forecasting technique used in financial planning to estimate certain balance sheet and income statement accounts based on projected sales growth.

Bad Debts

Amounts owed to a company that are not expected to be received, often due to customers being unable to pay.

Income Statement

A financial document that reports a company's revenues, expenses, and net income over a specific period.

Percentage of Sales Method

A financial forecasting model that assumes certain expenses and incomes will vary directly with sales.