Match Each Component of the Standard Communication Model with Its

question 85

Multiple Choice

Match each component of the Standard Communication Model with its definition.
-Means by which a message is converted into a form that can be transmitted to the receiver

• A)sender
• B)encoder
• C)message
• D)medium
• E)decoder
• F)receiver

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Definitions:

Discount Period

The timeframe within which a payment can be made at a reduced price from the total invoiced amount, often to encourage early payment.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide the financial reporting for companies internationally.

Income Statement

A financial document that shows a company's revenues, expenses, and profit or loss over a specific period.

Classify

To arrange or organize items into categories based on shared characteristics or criteria.