If a Scheduled Story About a Boating Accident on Monday

question 32

Multiple Choice

If a scheduled story about a boating accident on Monday gets pulled from Tuesday's paper to make space for something else,that story might not run in Wednesday's paper because of the _______ news value.

• A)prominence
• B)proximity
• C)economic
• D)sensational
• E)timeliness

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Definitions:

FIFO Inventory Method

An accounting method for valuing inventory that assumes the first items purchased are the first ones sold.

Ending Inventory

The total value of all inventory that a company has in stock at the end of an accounting period.

Decreasing Unit Costs

A situation in which costs per unit of output fall as the volume of production increases, often due to economies of scale.

Higher Amount

A term that refers to a value that is greater when compared with another quantity or measure.