Which of the Following Statements Is True of the Federal

question 9

Multiple Choice

Which of the following statements is true of the Federal Communications Commission's (FCC) indecency rules?

• A)FCC rules increase the prices of cable TV services that broadcast indecent material.
• B)FCC rules forbid indecent material on conventional broadcast services when children are likely to be in the audience.
• C)FCC rules forbid indecent material on cable networks between 6 pm and 10 am.
• D)FCC rules apply to subscription services such as programming delivered via satellite.

---

Definitions:

Retained Earnings

The portion of a company’s profits that is kept or retained for reinvestment in the business, rather than being paid out as dividends to shareholders.

Book Value

The net value of a company's assets minus its liabilities and intangible assets, as recorded on the balance sheet.

Stock Split

A stock split is a corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, while the market capitalization remains unchanged.

Retained Earnings

The portion of net income not distributed to shareholders as dividends and instead reinvested in the business.