Which of the Following Types of Communication Tools Is Best

question 45

Multiple Choice

Which of the following types of communication tools is best for two-way communication?

• A) Voice mail
• B) Fax
• C) Pager
• D) Cell phone

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Definitions:

Inventory

The cumulative inventory of materials and products that a business maintains for the goal of selling or using in production.

Falling Prices

A situation where the general level of prices for goods and services is declining.

LIFO Method

A method of inventory valuation based on the assumption that the most recently acquired items are the first to be sold.

Cost Of Goods Sold

Expenses inherently linked to the manufacturing of a company's products, including the costs of materials and labor.