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Your textbook states that "compared to verbal communication, nonverbal communication is less structured, learned informally, highly contextual, continuous, and more convincing." Explain the meaning of three of these five nonverbal communication characteristics. Provide an example to demonstrate your understanding of these five characteristics.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's accounts receivable that may ultimately be uncollectible.
Sales Discount
A reduction in the price of goods or services offered to customers, typically to prompt early payment or bulk purchases.
Gross Profit
The difference between sales revenue and the cost of goods sold, indicating the profitability of selling goods and services.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenues.
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