Which of the following terms refers to the process of putting your message into words, images, or action?

A) Transmitting
B) Encoding
C) Receiving
D) Interpreting
E) Decoding


Answer: B
Explanation: B) The person initiating the communication, the sender, must first determine what he or she wants to say and then encode it by putting it into words, images, or action.

Business

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Last year, the Tilden Co had credit sales in the amount of $470,000, and it had uncollectible accounts in the amount of $4,700 . Based on last year, what would the percent of estimated uncollectible accounts be this year?

a. 10% b. 4% c. 1% d. 4.7%

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Duress only occurs when a threat involves physical harm.

Answer the following statement true (T) or false (F)

Business

Which of the following statements about a calendar-year deductible is (are) true?

I. It requires the insured to pay a specified amount of each claim regardless of when the claim occurs during the year and regardless of any previous claims during the year. II. It is used only in policies which cover direct property losses. A) I only B) II only C) both I and II D) neither I nor II

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An opportunity cost is a cash flow that could be realized from the best alternative use of an owned asset

Indicate whether the statement is true or false

Business