What process takes place between a sender who encodes a message and transmits it through a channel to a receiver who decodes it and may give feedback?
a. encode/decode process
b. communication process
c. data interchange process
d. networking process
b. communication process
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Explain, using three qualities, why some innovations are adopted and others are not.
What will be an ideal response?
To satisfy outside investors, the financial plan will need three years of projected financial data.
Answer the following statement true (T) or false (F)
Under state law in many states and under the FTC rules and the Federal Consumer Credit Protection Act, a contract solicited in a consumer's home may be canceled within:
a. 10 days by either party. b. 10 days by the consumer. c. three days by the consumer. d. 20 days by either party.
A company purchased $10,000 of merchandise on January 5 with terms 2/10, n/30. On January 7, it returned $1,200 worth of merchandise. On January 28, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on January 28 is:
A. Debit Cash $1,600; credit Accounts Payable $1,600. B. Debit Accounts Payable $8,800; credit Cash $8,800. C. Debit Accounts Payable $8,624; credit Cash $8,624. D. Debit Merchandise Inventory $8,800; credit Cash $8,800. E. Debit Accounts Payable $10,000; credit Merchandise Inventory $200; credit Cash $9,800