Given That Social Media Has Made the Dissemination of Information

question 79

Multiple Choice

Given that social media has made the dissemination of information so much easier,________ is a major concern for business communicators.

• A) spin
• B) appearance
• C) transparence
• D) secrecy

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Definitions:

Cash Basis

A financial recording technique that only acknowledges income and expenditures upon the actual receipt or disbursement of cash.

Revenue Recognition

The accounting principle that dictates the specific conditions under which income is recognized by an entity.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when the cash transaction happens.

Revenue Recognition

The accounting principle that determines the specific conditions under which revenue is recognized and recorded in the financial statements.