Which Statement About the Federal Communications Commission (FCC) Is FALSE

question 41

Multiple Choice

Which statement about the Federal Communications Commission (FCC) is FALSE?

• A) The FCC was established in 1949 by President Harry Truman.
• B) The FCC licenses radio and television stations.
• C) The FCC bans explicit sexual and excretory references on airwaves during certain hours of the day.
• D) The FCC does not regulate newspapers.
• E) The Telecommunications Act of 1996 loosened many FCC restrictions on media ownership.

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Definitions:

Dividend Payable

The amount declared by a company’s board of directors to be distributed among shareholders at a set date in the future.

Residual Dividend Policy

A strategy where dividends are based on the earnings left over after all project capital needs are met.

Debt-Equity Ratio

The ratio that measures the relative proportion of shareholders' equity and debt used to finance a company's assets.

After-Tax Earnings

The amount of net income a firm has after all taxes have been paid, representing the company's profitability.