✓ Board-verified
Accountancy · 2023 · 3 marks
CBSE 2023 · Region 2 · Set 3 · Q31
Explain any three advantages of using charts.
Marking-scheme solution
There are three advantages of using charts.
(i)
Help to Explore : It is helpful in finding relationship between variables.
(ii)
Help in Presentation : It takes little time to present information. Here graphing
and presentation plays a key role. Due to shortage of time, detailed reports are
not preferred by analysers. Charts seem to be the answer to this change in the
need of users of information.
(iii)
Help to Convince : The chart can help to present and explore different
characteristics of data simultaneously. Charts have the ability to exhibit large
amounts of information which is helpful in persuasion to take quick decision.
More from Graphs and Charts for Business Data
- To see all available shape styles which of the following button is clicked. 'P2025
- From the following a legend can be repositioned on a chart: OR Which of the following are the five pillars of…2023
- A piece of information shown in a graph which is assigned to the data series is known as: OR Identify the…2025
- 'A piece of information shown in a graph which is assigned to the data series' is known as: OR 'LABELS in…2024
- Which chart element details the data values and categories below the chart:2026
- To see all available shape styles which of the following button is clicked?2025
- In a graph, the area bounded by different axes is known as:2025
- Write the advantages of using Graphs.2025
CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.