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Possible Answers:
USE.
Last seen on: USA Today Crossword – Jan 5 2023
Random information on the term “Expend”:
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 “USE”:
The United States of Europe (USE), the European State, the European Federation or Federal Europe is the hypothetical scenario of the European integration leading to formation of a sovereign superstate (similar to the United States of America), organised as a federation of the member countries of the European Union (EU), as contemplated by political scientists, politicians, geographers, historians, futurologists and fiction writers. At present, while the EU is not a federation, various academic observers regard it as having some of the characteristics of a federal system.
Various versions of the concept have developed over the centuries, many of which are mutually incompatible (inclusion or exclusion of the United Kingdom, secular or religious union, etc.). Such proposals include those from Bohemian King George of Poděbrady in 1464; Duc de Sully of France in the seventeenth century; and the plan of William Penn, the Quaker founder of Pennsylvania, for the establishment of a “European Dyet, Parliament or Estates”. George Washington also allegedly voiced support for a “United States of Europe”, although the authenticity of this statement has been questioned.