What Was the Purpose of the Equal Time Provision

question 44

Multiple Choice

What was the purpose of the equal time provision?

• A) to open the airwaves to a variety of candidates
• B) to force stations to come up with innovative solutions, such as candidate debates, to ensure that all viewpoints are provided by the media
• C) to enable the candidates of major parties to get their views across, but it has had little effect on the visibility of third parties
• D) to harm the major parties because the rule makes it easier for third parties to get out their messages
• E) to close the airwaves

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Definitions:

Valuation Allowance

A reserve set aside to account for potential decreases in the value of an asset, often used in relation to deferred tax assets to indicate that it may not be fully realized.

Comprehensive Income

The total change in equity for a business enterprise during a period from transactions and other events and circumstances from non-owner sources.

Other Comprehensive Income

Elements of income that are not included in net income, including items like foreign currency translation adjustments and unrealized gains or losses on securities.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders, often reinvested into the business.