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Varying One Target Element of Change Creates Changes in Other

question 55

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Varying one target element of change creates changes in other target elements.

Identify disturbances that can influence the effectiveness of the communication process and know the term used to describe them.
Recognize the role of feedback in the communication process.
Understand the elements and key players in the communication process.
Acknowledge the influence of cultural differences on communication practices.

Definitions:

Income Summary Account

A temporary account used in closing process to transfer the balances of all revenue and expense accounts to Retained Earnings.

Income Summary

An account used in the closing process during the accounting cycle that summarizes revenues and expenses before transferring the net amount to retained earnings.

Net Income

The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenues, also known as net earnings or net profit.

Adjust Salaries

The process of modifying the amount of wages or salaries paid to employees, which may be done for reasons such as performance appraisals or inflation adjustments.

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