If You Were to Graph the Following Data,which of the Following

question 21

Multiple Choice

If you were to graph the following data,which of the following series of labels would produce a graph that best represents the data? Hours Studied
Exam Score
1
70
2
79
3
86
5
98

• A)1,2,3,5 on the X axis;70,80,90,100 on the Y axis
• B)1,2,3,4,5 on the X axis;70,80,90,100 on the Y axis
• C)1,2,3,4,5 on the X axis;20,40,60,80,100 on the Y axis
• D)1,2,3,5 on the X axis;20,40,60,80,100 on the Y axis

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Definitions:

Service Revenue

Income earned from providing services as opposed to selling goods.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.

Cash Collected

The total amount of money received by a company during a specific period.

Expense Recognition Principle

An accounting principle that expenses should be recognized and recorded when they are incurred, not necessarily when they are paid.