The Formats Used to Convey Messages, Including Oral, Written, and Electronic

question 24

Multiple Choice

 The formats used to convey messages, including oral, written, and electronic, are referred to as communication

• A) systems.
• B) media.
• C) styles.
• D) channels.

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Definitions:

Credit Account

A Credit Account is a type of financial account that records the amounts that are owed by a business to its suppliers or creditors, which are typically settled at a later date.

General Ledger

A complete record of all financial transactions made over the life of a company.

Asset Accounts

Accounts on a company's balance sheet that represent valuable resources controlled by the company and that have future economic value.

Liability Accounts

Accounts on a company's balance sheet that represent what the company owes to others, such as loans, accounts payable, mortgages, and accrued expenses.