Some Time Ago an Executive of a Broadcasting Company Argued

question 2

Essay

Some time ago an executive of a Broadcasting company argued before a congressional committee that they should make a law rating TV shows for violence content. He said that children are damaged and violence must be curbed. He indicated that his own network shows too much violence and that he would welcome a law himself so that Turner Broadcasting would show less violence. Explain why someone who shows violence on his TV channels is arguing for government regulation of himself.

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Definitions:

Accounting Principle

Fundamental guidelines or rules that govern the accounting practices and financial reporting of companies.

Accounting Estimate

An approximation of a monetary amount in the absence of a precise means of measurement.

Accounting Entities

Organizations or business units considered separate from their owners for accounting purposes.

Prospective

Relating to or effective in the future, often used in planning and forecasting scenarios.