Which Is Not a Tip for Effective Column Charts

question 56

Multiple Choice

Which is not a tip for effective column charts?

• A)Time usually goes on the horizontal axis.
• B)Column height should be proportional to the quantity displayed.
• C)Label data values at the top of each column unless graphing lots of data.
• D)The zero origin rule may be waived for financial reports.

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Definitions:

Variable Overhead Rate

A metric that represents the variable costs incurred to operate a business, changing with the level of production or activity.

Fixed Overhead Rate

A set rate used to allocate fixed indirect costs of production to individual units or activity bases.

Total Overhead Variance

The difference between the actual overhead costs incurred and the standard overhead costs allocated for a particular period, used for budgeting and cost control purposes.

Overhead Controllable Variance

The difference between actual overhead expenses incurred and the budgeted or expected overhead costs that can be managed or controlled.