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The linear model allows for a sender to give his message to the receiver and wait for a response back and forth.

The transactional model allows for a sender to begin a conversation and be interrupted by the "receiver" thus causing the original sender to stop mid sentence and begin a second conversation.

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What is the difference between fact judgment and opinion when writing records and reports?

Facts can be proven, where as opinions are points of view.


What is the difference between cheque and voucher?

Cheque is both securities and payment instrument. Voucher is only securities. From securities point of view they are the same and have the same meaning. Cheque has larger scope.


What is the difference between economist and accountants view on cost?

Economists view costs in terms of opportunity cost, which includes not only explicit expenses but also the value of foregone alternatives when a choice is made. In contrast, accountants focus on explicit costs, which are direct, measurable expenses recorded in financial statements. While accountants emphasize historical data and financial reporting, economists often consider broader implications and future costs in decision-making. This difference shapes how each profession analyzes financial situations and advises on resource allocation.


What is the difference between periodic and perpetual inventory systems?

The primary difference between periodic and perpetual inventory systems lies in how inventory levels are tracked. In a periodic inventory system, updates to inventory balances are made at specific intervals, typically at the end of an accounting period, relying on physical counts. In contrast, a perpetual inventory system continuously updates inventory records in real-time with each purchase and sale transaction, providing a more accurate and up-to-date view of inventory levels at all times. This difference affects decision-making, financial reporting, and inventory management practices.


What is the difference between browse and edit in foxpro?

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