When a message needs to be sent, a communicator ________ the message according to his or her own perceptions, experiences, and abilities.

A. interprets
B. encodes
C. modulates
D. decodes


Answer: B

Business

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The role of the agent in a principal-agent relationship is to

A) provide goods or services to a customer. B) arrange for the principal to provide goods or services to a customer. C) develop and maintain goodwill of the principal's customers. D) collect payment from the customer and remit it to the principal.

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Run-to-run control totals can be used for all of the following except

a. to ensure that all data input is validated b. to ensure that only transactions of a similar type are being processed c. to ensure the records are in sequence and are not missing d. to ensure that no transaction is omitted

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In the economic order quantity model, ordering at the economic order quantity level implies that ______.

A. the total ordering and holding costs are equal B. the total ordering costs are higher than the total holding costs C. the total ordering costs are lower than the total holding costs D. the total ordering costs are not equal to the total holding costs

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Which of the following is true of a proxy election for the board of directors of a corporation?

A) Shareholders must vote for a candidate but do not have the option to allow the proxy committee to vote the shares in any way it sees fit. B) A biographical sketch of each of the candidates for the board of directors is sent to all shareholders. C) Under the National Stock Exchange rules, the proxy committee must use a ballot form to solicit proxies. D) The proxy committee sends only preferred shareholders a statement of resolutions on which the shareholders are to vote.

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