How Have Direct Broadcast Satellite (DBS) Services Challenged Cable

question 36

Multiple Choice

How have direct broadcast satellite (DBS) services challenged cable?

• A) They offer a lot more stations than cable.
• B) They are able to send signals directly to small satellite dishes where the installation of cable wires hasn't been possible.
• C) They have started to create their own programming, while cable still only shows reruns of old network programs.
• D) They have a better relationship with broadcast networks than cable does, and thus have lower retransmission fees than cable.
• E) All of the options are correct.

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Definitions:

Perpetual inventory system

A method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

LIFO cost method

An inventory costing method that assumes the last items purchased or produced are the first ones sold, impacting the cost of goods sold and inventory valuation.

Gross profit

The difference between revenue and the cost of goods sold before accounting for certain other costs like operating expenses.

Perpetual inventory system

Inventory accounting where transactions are recorded in real-time, updating the inventory account continuously.