Which of the Following Is an Example of Downward Communication

question 17

Multiple Choice

Which of the following is an example of downward communication in an organization?

• A)A business professor submits a conference report to her dean.
• B)Four accountants meet to discuss the quarterly financial reports.
• C)Members of a task force submit a progress report to the CEO.
• D)The CFO sends information about a new accounting regulation to employees in the accounting department.

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Definitions:

Amortization

The process of spreading out a loan or intangible asset cost over its useful life, thereby reducing it on the balance sheet over time.

Journal Entry

A recording of a transaction or adjustment in the accounting ledger that includes the accounts and amounts to be debited and credited.

Bonds Payable

Long-term debt securities issued by corporations or governments, promising to pay the holder a specified amount of interest and to repay the principal at maturity.

Contract Interest Rate

The interest rate specified within a financial contract, such as a loan or bond agreement, that determines the interest payments.