The "Watchdog" Role of the Media Is One in Which

question 5

Multiple Choice

The "watchdog" role of the media is one in which the press should

• A) uncover as much information as possible about the private lives of candidates for public office.
• B) take sides on controversial issues.
• C) help the president achieve his policy agenda.
• D) dig up facts and warn the public when officials are doing something wrong.
• E) report who's winning or losing an election as based on public opinion polls.

---

Definitions:

Income Statements

A financial statement that records a company's revenues and expenses over a specific period, showing net profit or loss.

Contribution Format

A structure of the income statement that distinguishes between fixed and variable expenses to emphasize the contribution margin.

Merchandising Company

A type of business that derives its revenue from retailing or wholesaling products it does not manufacture.

Traditional Format

A standard or conventional method of presenting financial information, such as income statements or balance sheets, that follows established accounting principles.