The Sender __________ the Idea by Selecting Symbols with Which

question 67

Short Answer

The sender __________ the idea by selecting symbols with which to compose a message and selecting a communication channel; the receiver __________ the symbols to interpret the meaning of the message.

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Definitions:

Unrealized Increase

The increase in value of an asset that has not yet been sold or cashed in, thus not yet resulting in actual income.

Recognition

In accounting, recognition refers to the process of including an item in the financial statements of an entity, acknowledging it as an asset, liability, revenue, or expense.

Unrealized Holding

Refers to the increase or decrease in the value of an investment that has not yet been sold by the holder.

Realized Gains

Profits made from selling an asset at a higher price than its purchase cost, which has been actually earned and can be reported in financial statements.