____ Occurs When the Listener Understands the Speaker and Feels

question 70

Multiple Choice

____ occurs when the listener understands the speaker and feels his nonverbal communication.

• A) Brainstorming
• B) Negotiation
• C) Empathy
• D) Problem solving

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Definitions:

Prepayment

Payments made in advance for goods or services, recorded as an asset on the balance sheet until the corresponding goods or services are received.

Adjusting Entries

At the end of a financial period, entries are made in the books to correctly allocate profits and outlays to the period they belong to.

Inter-Relationship of Accounts

The connection and impact that different financial accounts have on each other within the accounting system.

Operations

The day-to-day activities involved in running a business that are necessary for producing and delivering its goods and/or services to the market.