Answer: Option B
In Microsoft Excel, a chart placed in a worksheet is called an embedded chart. An embedded chart is a chart that is placed on the same worksheet as the data it represents. It is a visual representation of data that is used to make it easier to understand and interpret.
Here are some key characteristics of an embedded chart:

• An embedded chart is directly linked to the data in the worksheet. If the data changes, the chart will automatically update to reflect the changes.
• An embedded chart can be moved, resized, and formatted just like any other object in Excel.
• An embedded chart can be used to display a wide variety of chart types, including column, bar, line, pie, and scatter charts.
• An embedded chart can be created using the Chart Wizard or by selecting the data and choosing the chart type from the Insert tab.

Other options mentioned in the question are not correct:

• A formatting chart is not a term used in Excel. Formatting refers to the process of changing the appearance of cells or objects in a worksheet, but it is not specific to charts.
• Aligning chart is also not a term used in Excel. Alignment refers to the positioning of cells or objects in relation to each other, but it is not specific to charts.
• A hanging chart is not a term used in Excel. It is possible that this term is used in a different context, but it is not related to charts in Excel.

Formula:
No formula is required to answer this question.
In conclusion, the correct answer is B. Embedded chart, as it is a chart placed on the same worksheet as the data it represents, and it is directly linked to the data in the worksheet.