In the communication model, both parties are simultaneously sending and receiving message. this process is called:

Transactional Model of Communication

Explanation:

Transactional Model of Communication -

In this type of model the exchange of information in the form of messages is done simultaneously , i.e. , it is a  very quick form of communication.

In this case both sender as well as the receiver is called communicators .

Hence, from the given information of the question, the correct term for the given data is Transactional Model of Communication .

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; foreign exchange transaction;