Required information [The following information applies to the questions displayed beiow] Wiliams Company is a merchandiser and its accounting deportment has linished preparing a flexible budget to better understand the differences between its octual results and the master budget. The chief financial officer (CFO) would like your assistance in interpreting some data visualizations that she will use to explain why the company's actual results differed from its master budget. Required: Review the Tableau dashboards that the CFO has given you and answer the questions that follow: Net Income Net Profit Margin Percentage (NPM \%) Measure Names - Actual NPM 96 question mark will be automatically graded as incorrect.) 4a. Which of the following statements are true with respect to the Net Income visualization? The red bats show eoch month's actual net income. The blue bars show each month's net income according to the master budget. The green bars show each month's net income according to the flexible budget. 4b. Which of the following statements are true with respect to the Net Income visualization? For the month of January, the net income according to the fiexible budget is greater than the net income according to the master budget For the month of August, the actual net income is greater than the net income according to the flexible budget: For the month of May, the actual net income is greater than the net income according to the master budget For the month of May. the actual net income is less than the net income occording to the flexible budget. 4c. Which of the following statements are true with respect to the Net Profit Margin Percentage visualization? The turquoise trend line shows each month's net profit margin percentage according to the fiexble budget. The turquoise trend line shows each month's net profit margin percentage acconding tq the master budget The orange trend line shows each month's actual net profit margin percentage. 4d. Which of the following statements are true with respect to the Net Profit Margin Percentage visualization? The net proft margin percentage according to the fiexible budget steadily increases from August theough December The actual net profit margin percentage steadlin increases from Februaty through June. The monthly net profit margin percentages according to the fexible budget are never less than each month's actual net prota mazgin percentage. ? The actual net profit margin percentage steadily increases from August through December 4e. Which of the following insights ate revealed by the Net Income and Net Profit Margin Percentage visualizations? The net income and the net profit margin percentage never always expectations according to the flexible budget. The net income and the net probt margin percentage never exceeded expectations according to the flexble budget: The net income exceeded expectatons according to the flexible budget in some months, but the net profit margin percentage never exceeded expectotions according to the flexble budget The net income never exceeded expectations according to the flexible budget, but the net profit margin percentage exceeded expectations according to the fexible budget in some montth