Can you answer this FAR question? If not, sit for FAR now!



The Y-axis on a graph plots the dependent variable.

If you wanted to see how the cost of labor effects profit, the cost of labor would be the independent variable. The higher the cost of labor, the lower the profit would be. Therefore the profit depends on the cost of labor; it is the dependent variable plotted on the Y axis.

There is currently no content classified with this term.

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.