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Electronic Systems Use a Standard Set of Conventions to Format

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Short Answer

Electronic systems use a standard set of conventions to format data in an electronic communications. These systems are said to use standard communication ____________________.

Identify major trends impacting current business practices, including corporate social responsibility and the importance of diversity.
Recognize the role and impact of personal communication and organizational grapevine on business operations and employee productivity.
Learn the characteristics and functions of formal and informal communication networks within organizations.
Identify and differentiate between well-defined and ill-defined problems in business communication.

Definitions:

Profit and Loss

Profit and Loss, often referred to as P&L, is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time, usually a fiscal quarter or year.

Accounting Reports

Documents that give insights into the financial performance of a business, including trial balances, profit and loss statements, and balance sheets.

List Management

The organization, maintenance, and manipulation of lists within software applications, such as customer lists, inventory lists, or account lists.

Merging

The process of combining two or more accounts, items, or entities into one within a financial or accounting system.

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