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In Addition to the Four Basic Components of Sender, Receiver

question 93

Multiple Choice

In addition to the four basic components of sender, receiver, medium, and message, ________ is the fifth essential component of communication.


Definitions:

Completed Units

The term refers to items that have been fully manufactured, processed, or finished and are ready for sale.

Equivalent Units

A calculation used in process costing to convert partially completed units into a number of fully completed units.

First-In, First-Out

An inventory valuation method where the first items placed in inventory are the first ones to be used or sold.

Conversion Equivalent Units

A metric used in cost accounting to quantify the amount of work done on partially finished goods, measured in full unit equivalents.

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