What Are Some of the Advantages of Communication Openness

question 26

Multiple Choice

What are some of the advantages of communication openness?

• A) Supervisors know everything that is going on, upper management can take control of decisions, and on
• B) Role clarity, organizational performance, and information adequacy are improved.
• C) Everyone knows what everyone else is doing, resulting in fewer misunderstandings and greater freedom.
• D) There are no advantages to communication openness.

---

Definitions:

Inventory Method

An accounting approach used to evaluate and manage the merchandise or goods a company has in stock, affecting how the cost of goods sold and ending inventory are reported.

Financing Method

A strategy or process by which a company raises capital or funds to operate, expand, or invest in projects.

Cash Flow Statement

A cash flow statement is a financial document that provides aggregate data regarding all cash inflows and outflows a company receives from its operating, investing, and financing activities.

Noncash Assets

Assets owned by a company that are not in the form of cash or cash equivalents, including property, plant, equipment, and intellectual property.