What Is One Consequence of the Concentration of Media Ownership

question 87

Multiple Choice

What is one consequence of the concentration of media ownership?

• A) Fewer perspectives are presented, and those that are presented represent the concerns of corporate powers.
• B) Cable prices go up but the quality of programming goes down.
• C) Media become more diffuse because they are owned and produced by more groups.
• D) More perspectives are presented, particularly those of less powerful groups.

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Definitions:

AICPA

The American Institute of Certified Public Accountants, a professional organization for Certified Public Accountants (CPAs) in the United States.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and principles that guide financial reporting and accounting practices in the United States.

Historical Cost

The original monetary value of an asset or investment at the time of its acquisition, not adjusted for inflation or changes in market value.

Consolidated Financial Statements

Financial statements that combine the financial information of a parent company with its subsidiaries, presenting it as if the group is a single entity.