Which of the Following Is Not One of the Major

question 51

Multiple Choice

Which of the following is not one of the major components of communication?

• A) Sender.
• B) Receiver.
• C) Message.
• D) Price.

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Definitions:

Fixed Asset

A Fixed Asset is a long-term tangible piece of property that a company owns and uses in its operations to generate income, and not expected to be consumed or converted into cash within a year.

Straight-Line Depreciation

A plan to allocate the price of a concrete asset in consistent yearly fractions over its lifespan.

Salvage Value

The forecasted selling price for an asset once it reaches the end of its operational life.

Depreciation Expense

The allocated expense of a tangible asset over its useful life, representing the asset's reduction in value due to use and wear and tear.