Which Behavior Is Most Likely to Encourage Open Communication

question 14

Multiple Choice

Which behavior is most likely to encourage open communication?

• A) Avoiding eye contact
• B) Folding arms across chest
• C) Standing with head bowed
• D) Soft stance with arms loose at the side

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Definitions:

Percent of Receivables Method

A method used in accounting to estimate bad debts expense based on a percentage of accounts receivable judged to be uncollectible.

Unadjusted Trial Balance

A financial report that shows the balances of all accounts, including assets, liabilities, equity, income, and expenses before any adjustments are made for the accounting period.

Bad Debts Expense

An expense reported on the income statement reflecting the cost of accounts receivable that a company does not expect to collect.

Factoring Fee Expense

A cost incurred by a business when it sells its accounts receivable to a third party (the factor) at a discount.