A graph used to analyze past cost behaviors by displaying costs and unit data for each period as points on the diagram is called a:
A) Step-wise diagram.
B) Scatter diagram.
C) Composite diagram.
D) Least-squares diagram.
E) Break-even diagram.

Question

Quizplus · Accepted Answer

A scatter diagram is a graph used to plot the relationship between two variables. In this case, the two variables are cost and unit data for each period, which are plotted as points on the graph. The graph can be analyzed to identify patterns and trends in past cost behaviors.

A Graph Used to Analyze Past Cost Behaviors by Displaying