Through the _______________ the Sender Translates an Idea to Be

question 27

Multiple Choice

Through the _______________ the sender translates an idea to be communicated into a symbolic message consisting of words,pictures,numbers,and gestures in preparation for transmittal to a receiver.

• A)Decoding
• B)Encoding
• C)Noise
• D)Distortion
• E)Message

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Definitions:

Inventory Cost

The total cost associated with holding and managing inventory, including costs of storage, insurance, deterioration, and obsolescence.

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products or the costs associated with providing its services.

FIFO

"First-In, First-Out," an inventory valuation method where the cost of goods sold is based on the oldest inventory items.

Lower Of Cost

Lower of Cost or Market (LCM) is an accounting principle that values inventory at the lower of its historical cost or current market value.