On a Graph ___________ Is Indicated on the Y Axis

question 18

Multiple Choice

On a graph ___________ is indicated on the Y axis and ________________ is indicated on the X axis.​

• A) ​time,behavior
• B) ​behavior,time
• C) ​frequency,duration
• D) ​time,treatment

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Definitions:

Inventory Flow

The progression of goods through a business, typically from purchase or production to sale, characterized by methods such as FIFO, LIFO, and weighted average.

Average Cost Method

A method of inventory valuation where the cost of goods sold and ending inventory are determined by calculating the weighted average of the costs of all items available for sale.

Year-End Inventory

The total counted value of inventory that a business owns at the end of its fiscal year, which is used to calculate cost of goods sold and profitability.

Weighted Average Cost

A method of calculating the cost of inventory based on the average cost of all similar goods available during a specific period.