The Communications Act of 1934 Provided a Universal Service Guarantee

question 84

Multiple Choice

The Communications Act of 1934 provided a universal service guarantee that providers must offer and maintain ________ cable in rural areas to support small populations.

• A) coaxial
• B) fiber optic
• C) twisted-pair
• D) wireless

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Definitions:

Incurred

Refers to costs or expenses that have been realized or consumed in the operation of a business, often indicating that an economic event affecting the company's finances has taken place.

Depreciates

The process by which the value of an asset decreases over time, usually due to wear and tear or obsolescence.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time due to use and wear and tear.

Equipment

Tangible assets used in operations, such as machinery and office furniture, which have a useful life of more than one accounting period.