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Possible Answers:
NET.
Last seen on: Eugene Sheffer – King Feature Syndicate Crossword – Dec 8 2022
Random information on the term “Bottom line”:
In accounting, an economic item’s historical cost is the original nominal monetary value of that item. Historical cost accounting involves reporting assets and liabilities at their historical costs, which are not updated for changes in the items’ values. Consequently, the amounts reported for these balance sheet items often differ from their current economic or market values.
While use of historical cost measurement is criticised for its lack of timely reporting of value changes, it remains in use in most accounting systems during periods of low and high inflation and deflation. During hyperinflation, International Financial Reporting Standards (IFRS) require financial capital maintenance in units of constant purchasing power in terms of the monthly CPI as set out in IAS 29, Financial Reporting in Hyperinflationary Economies. Various adjustments to historical cost are used, many of which require the use of management judgment and may be difficult to verify. The trend in most accounting standards is towards more timely reflection of the fair or market value of some assets and liabilities, although the historical cost principle remains in use. Many accounting standards require disclosure of current values for certain assets and liabilities in the footnotes to the financial statements instead of reporting them on the balance sheet.
Random information on the term “NET”:
National Educational Television (NET) was an American educational broadcast television network owned by the Ford Foundation and later co-owned by the Corporation for Public Broadcasting. It operated from May 16, 1954 to October 4, 1970, and was succeeded by the Public Broadcasting Service (PBS), which has memberships with many television stations that were formerly part of NET.
The Council on Library and Information Resources (CLIR) provided funds for cataloging the NET collection, and as part of an on-going preservation effort with the Library of Congress, over 10,000 digitized television programs from the non-commercial TV stations and producers spanning 1952 to 1972 have been contributed to the American Archive of Public Broadcasting.
The network was founded as the Educational Television and Radio Center (ETRC) in November 1952 by a grant from the Ford Foundation’s Fund for Adult Education (FAE). It was originally a limited service for exchanging and distributing educational television programs produced by local television stations to other stations; it did not produce any material by itself.