Encoded Information the Source Intends to Share with Another Person

question 54

Multiple Choice

Encoded information the source intends to share with another person is called a(n) ________.

• A) rumor
• B) message
• C) signal
• D) medium
• E) code

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Definitions:

Month-end Postings

The journal entries made at the end of the month to record all transactions and adjustments for that month.

Financial Year

A period of twelve months used for accounting purposes and the preparation of financial statements, not necessarily aligning with the calendar year.

Cash Receipts Journal

A specialized accounting journal used to record all money that is received by a business.

Cash Sale

A transaction where payment for a good or service is made at the time of the sale, usually in the form of cash or equivalent.