Which of the Following Statements Best Describes Media Convergence

question 95

Multiple Choice

Which of the following statements best describes media convergence?

• A) It only happened because of the Internet.
• B) It makes older forms of mass communication obsolete and leads to their disuse.
• C) It allows older forms of mass communication to find new life with new technology
• D) It creates new forms of media unlike anything we've seen before.
• E) It only applies to the reinvention of the printed word.

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Definitions:

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.

Income Taxes Paid

Refers to the actual amount of money an individual or corporation pays to the government in taxes based on income levels for a specific period.

Pension Liability Account

A pension liability account is a financial accounting record that reflects the amount a company owes to its current and future retirees' pension plans.

Indirect Method

A technique used in cash flow statements where net income is adjusted for non-cash items and changes in working capital to calculate cash flow from operating activities.