A Bar Graph

question 48

Multiple Choice

A bar graph:

• A)is useful when showing what has happened over time.
• B)may be shown by vertical bars to illustrate the comparative sizes of different observations.
• C)is useful when the true direction of causality between two variables is reversed.
• D)shows the percentages of a total amount that can be attributed to various components.

---

Definitions:

Units

A standard quantity of a product, used in various contexts such as measurement, accounting, or inventory control.

Variable Costing

A management accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold.

Net Cash Flow

The amount of money being transferred in and out of a business, reflecting the company's operating, investing, and financing activities over a period.

Absorption Costing

A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.