In Terms of the Communication Process,the Source Is

question 130

Multiple Choice

In terms of the communication process,the source is:

• A)any information which is paid for.
• B)consumers who read, hear, or see the message.
• C)similar understanding and knowledge.
• D)a company or person who has information to convey.

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Definitions:

FIFO Periodic Inventory Method

The first-in, first-out (FIFO) periodic inventory method assumes that goods sold are those that were added to the inventory earliest, calculated periodically at the end of a reporting period.

Ending Inventory

Goods' valuation ready for trading at the end of a bookkeeping period.

FOB Shipping Point

A term that indicates the buyer takes responsibility for goods once they are shipped, and the point of departure marks the transfer.

Inventory Records

Documentation that keeps track of the quantities, locations, and values of a company's inventory, assisting in the management and control of stock.