According to the persuasion matrix, which of the following is a dependable variable of the communications model?
A. type of message appeal
B. source
C. comprehension
D. message
E. channel
Answer: C
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Auditors routinely review the MD&A to provide reasonable assurance that it does not contain information that is factually inaccurate or inconsistent with the audited portion of the financial statements and accompanying footnotes
a. True b. False Indicate whether the statement is true or false
The general ledger account for Accounts Receivable shows a debit balance of $25,000 . Allowance for Uncollectible Accounts has a credit balance of $1,500 . Net sales for the year were $250,000 . In the past, 3 percent of sales have proved uncollectible, and an aging of accounts receivable resulted in an estimate of $10,000 of uncollectible accounts receivable. Using the percentage of net sales
method, the entry to record the Uncollectible Accounts Expense is: a. Uncollectible Accounts Expense 6,000 Allowance for Uncollectible Accounts 6,000 b. Uncollectible Accounts Expense 7,500 Allowance for Uncollectible Accounts 7,500 c. Uncollectible Accounts Expense 9,000 Allowance for Uncollectible Accounts 9,000 d. Uncollectible Accounts Expense 10,000 Allowance for Uncollectible Accounts 10,000
A(n) ________ promotes the firm and tries to stimulate demand for a product but does not actually complete a sale
A) order taker B) order getter C) missionary salesperson D) relationship manager E) new-business manager
The term "intangible assets" is used in accounting to denote
a. current or noncurrent property items without physical characteristics. b. assets with lesser economic significance because of the nature of such assets. c. such items as patents, copyrights, and claims against customers which can be valued on a monetary basis. d. properties without physical characteristics that have long-term effects on a business enterprise.