COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following allows easy comparison of values among several characteristics from a data set?
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a legend
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a trend
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a line graph
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a bar chart
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Explanation:
Detailed explanation-1: -A comparative bar chart places bars representing sections from the same category adjacent to each other. This allows for a quick visual comparison of the data.
Detailed explanation-2: -Bar charts usually present categorical variables, discrete variables or continuous variables grouped in class intervals. They consist of an axis and a series of labelled horizontal or vertical bars. The bars depict frequencies of different values of a variable or simply the different values themselves.
Detailed explanation-3: -a graphic used for comparing more than one quantity (set of data) at each point along the y-axis (vertical) or x-axis (horizontal); also called a clustered bar chart.
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