Historically the News Media Have Been Effective as Checks Against

question 64

Multiple Choice

Historically the news media have been effective as checks against governmental power and have been trusted by most Americans. Because of their protections by the First Amendment and their ability to check governmental powers, the media are often referred to as

• A) the agitator.
• B) the fourth branch of government.
• C) the government's police.
• D) the mediator of government.
• E) the voice of the people.

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Definitions:

Useful Life

The period over which an asset is expected to be usable by an entity for its intended purpose.

Valuation Consolidation

The process of combining the financial statements of separate subsidiaries or entities within a group to present as one entity for the purpose of valuation.

Inventory

Goods and materials that a business holds for the ultimate goal of resale or processing in the production process.