Communication That Flows from One Level of a Group or Organization

question 77

True/False

Communication that flows from one level of a group or organization to a lower level is lateral communication.

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Cash Payback Method

A capital budgeting technique that calculates the time required for an investment to generate cash flows sufficient to recover the initial investment cost.

Capital Investment

Funds invested in a firm or enterprise with the expectation of generating income or profit, used for long-term assets.

Fixed Asset

A long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.