What is iceberg chart?

An iceberg chart, also known as a waterfall chart, is a type of graph that visually shows the total value or size of something, and breaks it down into its individual components to explain how it has been achieved. It gets its name from the shape, as it looks like an iceberg floating in water, with the top representing the total and the layers below it showing the various parts that make up the total. Iceberg charts are commonly used in finance and accounting to show how profits and losses are generated, but can also be used in other areas such as project management, sales, and marketing. They are helpful in identifying areas that need improvement or where cost savings can be made, as well as how different parts of a business or project are contributing to the overall success.