A waterfall chart shows how a starting value rises and falls through a sequence of changes to reach a final total - each step floats from where the previous one left off, so you can see what drove the result.
When you want to explain how you got from one total to another - opening to closing balance, or budget to actuals - by showing each contributing increase and decrease in order.
An ordered list of labeled changes, each a positive or negative value. The chart accumulates them from the starting point and can mark running totals along the way.
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