Which of the Following Statements Is True of Daily Newspapers

question 38

Multiple Choice

Which of the following statements is true of daily newspapers?

• A) They must have a morning and an evening edition to be considered a daily publication.
• B) They must be published on all seven days of the week to be considered a daily publication.
• C) There are more evening daily papers than morning daily papers.
• D) Morning papers tend to have a narrow geographic circulation.
• E) Evening papers are read more by women than by men.

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Definitions:

Owner Drawings

Owner Drawings are withdrawals of business assets by the owner(s) for personal use, affecting the owner's equity account but not considered business expenses.

Revenues

The total amount of money received or expected to be received from the sale of goods or services, as well as other financial sources.

Net Income

The company's ultimate income after expenses and taxes have been taken away from total earnings.

Electronic Repair Revenues

Income generated from the business of fixing and restoring electronic devices and components to working condition.