Step 1: Understanding the Concept:
A pie chart shows how parts make up a whole, so it has limits on the data it can take.
We check each of the four points against these limits.
Step 2: Working Out the Answer:
Point I: a pie chart plots only one data series. So a column chart with one series can change to it. This is correct.
Point II: a pie chart cannot show negative values. The plotted values must be positive. This is correct.
Point III: zero values give empty slices, so the values must not be zero. This is correct.
Point IV: a pie chart becomes unreadable with more than seven categories. So this point is not correct.
All the points except IV are correct, which is option (D).
Step 3: Why the Other Options Are Wrong:
Option (A): Option (A) says point I is not correct. But one data series is a real need, so (A) is wrong.
Option (B): Option (B) says point II is not correct. But values must be positive, so (B) is wrong.
Option (C): Option (C) says point III is not correct. But values must be non-zero, so (C) is wrong.
Final Answer:
All except point IV are correct. This is option (D).