In 1996 Congress Passed Telecommunications Legislation That Fundamentally Altered the Way

question 83

Multiple Choice

In 1996 Congress passed telecommunications legislation that fundamentally altered the way the radio business worked, removing most of the barriers that prevented a single company from owning large numbers of stations. What is this called?

• A) antitrust legislation
• B) deregulation
• C) self-regulation
• D) encoding and decoding
• E) textual poaching

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Definitions:

Statement Of Cash Flows

A financial report that shows how changes in the balance sheet and income statement affect cash and cash equivalents.

Operating Activity

Activities that relate directly to the operations of the company, including production, sales, and other core business functions.

Investing Activity

Financial operations related to acquiring or disposing of non-current assets, crucial for budgeting and strategic planning of an organization's capital.

Financing Activity

Transactions related to raising capital and repaying investors, including issuing stock, paying dividends, and borrowing funds.