The Communications Model Specifies a Number of Elements Necessary for Communication

question 90

True/False

The communications model specifies a number of elements necessary for communication to be achieved. These elements include the message and the medium.

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Definitions:

Cash Position

The total amount of liquid assets or cash available to an individual, company, or institution at a given moment.

Demand Deposits

Demand Deposits are bank account funds that can be withdrawn at any time without any advance notice to the institution, such as checking accounts.

Forex

The market in which currencies are traded. It is the largest and most liquid financial market in the world.

Ordering and Carrying Inventory

Refers to the costs associated with ordering and holding inventory, including storage, management, and insurance.