Postman and Powers Make All of the Following Suggestions About

question 146

Multiple Choice

Postman and Powers make all of the following suggestions about TV news except:

• A)They are a "show" not a public service.
• B)We should learn about the interests of those who run a media conglomerate.
• C)The commercials tell us much about our society.
• D)They often present less information than shows like The Daily Show.

---

Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs, reflecting the actual profitability.

Absorption Costing

A method of accounting that incorporates both variable and fixed manufacturing expenses into the pricing of a product.

Variable Costing

A costing method in which only variable production costs are assigned to inventory and cost of goods sold, excluding fixed manufacturing overhead.