Identify a True Statement About the Communication Process

question 4

Multiple Choice

Identify a true statement about the communication process.

• A) The sender encodes, but does not do any decoding.
• B) The receiver decodes, but does not do any encoding.
• C) Noise and feedback do not affect communication.
• D) The receiver of a message must listen to it rather than just hear it.

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Definitions:

Stated Rate

The annual interest rate of a bond or loan without adjusting for compounding or other factors, often differing from the effective rate or annual percentage rate (APR).

Annual Percentage Rate

The annual rate charged for borrowing or earned through an investment, which represents the actual yearly cost over the term of a loan.

Effective Annual Rate

The interest rate on an investment or loan that is annualized and takes compounding into account, providing a full picture of the annual interest.

Effective Annual Rate

The real interest rate a savings account, loan, or investment earns, once compounding has been taken into consideration.