Facsimile is an exact copy of an item. For documents, content is kept the same, but sometimes size can be reduced. The word “fax” is actually an abbreviation of facsimile, even though most faxes are not truthful to the reproduction quality expected of a facsimile. With the industrial revolution, the printing press and then the digital revolution, there was an increase and ease of creating a facsimile of documents.
CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or are looking for a career change, the CFI website has a multitude of free resources to help you jumpstart your Career in Finance. If you seek to improve your technical skills check out some of our most popular courses. Below are some additional resources for you to further explore: