When Using Communication Technology, It Is Important to ________

question 78

Multiple Choice

When using communication technology, it is important to ________.

• A) use blog feeds and Twitter follows to the maximum extent possible
• B) reconnect with people on the phone or in person frequently
• C) use technology to completely do away with face-to-face communication
• D) pay equal attention to all the information-immediately useful or not-that you receive

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Definitions:

IFRS 1

The International Financial Reporting Standard that outlines the necessary steps for an entity to ensure its financial statements are IFRS-compliant for the first time.

First-Time Adopters

Entities that are implementing certain accounting standards for the first time in their financial reporting.

Reconciliations

The process of ensuring that two sets of records, usually the balances of two accounts, are in agreement.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that is used globally.