For example, selecting accelerated depreciation method as opposed to straight-line method, costing the immediate research and development expenses, applying the principle of the minimum
final cost and pure market value associated with the inventory, are among the selected methods of conservative accounting.
The first principle of the minimum
wage, whether it be in the US or the UK, is that it applies to everyone.
The BRC supports the principle of the minimum
wage, but it's sheer madness to be forcing new costs on this scale on to retailers and their suppliers.
Conservative leader Michael Howard said, 'We have accepted the principle of the minimum
wage and we certainly wouldn't seek to reduce the level of the minimum wage.
The principle of the Minimum
Wage is almost universally accepted now, so why not apply it to all workers instead of leaving 16 to 17-year-olds prey to rogue employers?