Which of the Following Statements About Communication Is Correct

question 73

Multiple Choice

Which of the following statements about communication is correct?

• A)Communication is the process by which information is exchanged between individuals,through a common system of symbols,signs or behavior.
• B)Miscommunication is an annoyance,but seldom has serious consequences.
• C)Between 10 and 20 percent of a manager's time is spent communicating.
• D)Communication ability is particularly important in lower levels of organizations.

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Definitions:

Capital

The wealth, either financial or physical, that is used by a business to produce goods or services.

Income Summary

An account in which the revenues and expenses are temporarily recorded to calculate the net income or loss for a period, before transferring to the capital account.

Capital

Refers to the financial assets or resources that individuals or businesses have available to invest or spend on building and growing their operations.

Expense Account(s)

Accounts used to record the costs incurred in the operation of a business, such as rent, utilities, and salaries, which are used to calculate net income.