CIMA P1 Syllabus C. Short-term Decision Making - Data Visualisation - Notes 6 / 6
Data Visualisation - Importance
Data visualisation involves presenting information in graphical forms such as charts, graphs, and maps.
Its goal is to present data in a way that is easily understandable and analysable, simplifying complex data even for non-technical users.
It should make it easier to identify trends, patterns, outliers, anomalies, and comparisons between different items, allowing for deeper insights and perspectives, including future forecasts.
It should effectively communicate in an appealing and engaging manner, ensuring that the intended message of the data is conveyed.
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Break-Even Charts and Profit Volume
Syllabus C. Short-term Decision Making
C3. Break-even Analysis
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Risk & Uncertainty
Syllabus D. Dealing With Risk And Uncertainty
D1a. Risk And Uncertainty