_____ Channels Are Channels That Exist Outside the Formally Authorized

question 10

Multiple Choice

_____ channels are channels that exist outside the formally authorized channels without regard for the organization's hierarchy of authority.

• A) Management by wandering around
• B) Upward communication
• C) Personal communication
• D) Horizontal communication
• E) Downward communication

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Definitions:

Net Income

The amount of money left over after all expenses, taxes, and costs have been subtracted from total revenue; also referred to as net profit.

Net Loss

The amount by which total expenses exceed total revenues in a specific period, indicating a negative financial performance.

End-of-period Spreadsheets

Financial documents prepared at the end of an accounting period, summarizing the financial status and performance of a business.

Net Income

The company's net profit, calculated by subtracting all costs and taxes from its overall revenue.