The Process by Which a Receiver Translates the Words to Make

question 7

Multiple Choice

The process by which a receiver translates the words to make sense of a message they Receive is called

• A) encoding.
• B) feedback.
• C) decoding.
• D) entropy.

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Definitions:

Accounting Policies

The particular standards, foundations, norms, regulations, and methods used by an organization to compile and display its financial records.

Consolidation Process

The method of combining and presenting the financial data of a parent company and its subsidiaries as one entity's financial statements.

Consolidation Worksheet

A tool used in the preparation of consolidated financial statements that combines the financial information of a parent company and its subsidiaries.

Consolidated Financial Statements

Financial statements that present the financial position and operating results of a parent company and its subsidiaries as one entity.