Those who had accounting classes will recall that there are several widely accepted ways to value a company's inventory.
WSJ: Merrill Matthews: About Those Tax Breaks for Big Oil . . .
We explicitly advise clients that the value determined under the safe harbor regulations will be accepted by the Service without question, while our market value could be challenged and may need to be defended.
We started that century with a fundamental international currency, gold, which kept its value through time and was widely accepted around the world.
With school performance measures, common core standards and value-added learning now being accepted into the community mainstream, perhaps new consumer choices for pupils, parents and taxpayers will expand.
If a significant portion of society ever lost faith in its value, it would no longer be accepted despite government edict.
It would take years for the SDR to be widely accepted as a means of exchange and a store of value.
What was accepted as growth, is more moderate, more geared to a value holding t hat requires free cash flow to be used in repurchasing shares and dividends.
The percentage depletion deduction was conceived in 1932 based on the accepted corporate tax principle that business taxes should be reduced in scale as the value of company equipment, structures and other assets diminish over time.
But its impact on markets could be even worse than a default, it could be a default on steroids: if it became accepted that membership of the eurozone isn't forever, huge doubts would arise about the true value of hundreds of billions of euros of contracts.
We ended the century with more than 150 currencies that change their value constantly and at different rates from each other, in such a way that most currencies are not accepted in most countries.
My own view is that we should never accept at face value the excuse heard all too often from U.S. negotiators that a defective agreement must be accepted because it was the best we could hope to get.
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