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Possible Answers:
HEM.
Last seen on: Daily Boston Globe Crossword Tuesday, 27 June 2023
Random information on the term “Bottom line?”:
The historical cost of an asset at the time it is acquired or created is the value of the costs incurred in acquiring or creating the asset, comprising the consideration paid to acquire or create the asset plus transaction costs. 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 “HEM”:
Russ FeingoldDemocratic
Russ FeingoldDemocratic
The 2004 United States Senate election in Wisconsin was held on November 2, 2004. Incumbent Democratic U.S. Senator Russ Feingold won re-election to a third term. As of 2022[update], this was the last time the Democrats won the Class 3 Senate seat from Wisconsin.
Michels insisted he has more real world experience than Feingold, someone he called an “extreme liberal” who was out of touch with Wisconsin voters. Feingold attacked back by saying that any Republican would be a rubber stamp for President Bush. The incumbent had $2.2 million in the bank, while Michels had already spent $1 million in the primary and had only about $150,000 left.
During both the primary and general election campaigns, Michel ran a series of ads attacking Feingold for his status as the sole senator to oppose the 2001 Patriot Act. One of his earliest ads during the primary accused Feingold of putting “his liberal ideology before our safety”, while another primary spot featured footage of the September 11 Attacks and a voice-over saying that “our leaders passed new laws to keep us safe. But Russ Feingold voted against those laws.” After easily winning the Republican primary against three opponents, Michel released two more anti-Feingold spots focusing on the Patriot Act. One of the ads showed further footage of the September 11 attacks, while another depicted a Middle Eastern spy photographing a Wisconsin nuclear power plant before Michels appears on-screen and announces that Unlike Russ Feingold, I will support renewing the PATRIOT Act, because we need to be able to track and stop terrorists before they strike again.” Michels reported that one-fifth of his campaign’s advertising budget was devoted to making and airing the spots.