Which of the Following Statements Best Characterizes Media Ownership in the United

question 28

Multiple Choice

Which of the following statements best characterizes media ownership in the United States?

• A)Most of the country's television networks,movie studios,record companies,cable channels,book publishers,magazines,newspapers,and digital media sites are owned and operated by the federal government.
• B)Most of the country's television networks,movie studios,record companies,cable channels,book publishers,magazines,newspapers,and digital media sites are owned and operated by state governments.
• C)A small number of giant,privately owned corporations control most of the country's television networks,movie studios,record companies,cable channels,book publishers,magazines,newspapers,and digital media sites.
• D)A large number of small,privately owned corporations control most of the country's television networks,movie studios,record companies,cable channels,book publishers,magazines,newspapers,and digital media sites.

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Definitions:

Standard Direct Labor-Hours

The estimated hours required to produce a units based on standard efficiency and productivity levels.

Labor Efficiency Variance

The difference between the actual hours worked to produce a good or service and the standard hours expected, multiplied by the standard labor rate.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process, often used as a basis for allocating overhead.

Variable Manufacturing Overhead

Overhead expenses in manufacturing that change in proportion to the amount of production activity.