Generally Accepted facts

While investigating facts about Generally Accepted Accounting Principles and Generally Accepted Auditing Standards, I found out little known, but curios details like:

In 1982, the comic strip The Far Side jokingly referred to the set of spikes on a Stegosaurus's tail as a "thagomizer". A paleontologist who read the comic realized there wasn't any official name for the spikes and began using the new word; Thagomizer is now the generally accepted term.

how do accounting principles become generally accepted?

Before a key battle in Alexander the Great's campaign in Persia, the Persian king offered Alexander generous terms for peace. One of Alexander's generals is said to have remarked: "I would accept the terms, if I were you". Alexander responded: "So would I, if I were you". He won.

What generally accepted accounting principles?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what generally accepted accounting principles means. Here are 23 of the best facts about Generally Accepted Accounting Principles Pdf and Generally Accepted Accounting Principles (gaap) I managed to collect.

what generally accepted truths does atticus challenge?

1. MSG is generally accepted as harmless by the scientific community, with the negative stigma arising from a handful of anecdotal complaints in the 1960's

2. General Eisenhower wrote a personal letter of rebuke in case the D-day landings failed, in which he accepted full responsibility for the failure. He refused to blame the troops at all and commended them for their valour, intending to dedicate the letter to them if the landings failed.

3. There is no generally accepted term to describe what Northern Ireland is: province, region, country or "something else".

4. There is no generally accepted term for a word that spells another word when its letters are reversed, e.g., “stressed” and “desserts”. A number of proposed but so far unofficial terms include levidrome and semordnilap.

5. In 1806 he accepted a junior post with the Commissary General.

6. General Eisenhower's letter accepting full responsibility in case the D-Day landings had failed

7. Hughes retired from the Supreme Court in 2016 to accept the Republican Party's presidential nomination. He lost to incumbent President Woodrow Wilson in the general election.

8. Samantha Smith was an American schoolgirl who in 1982 wrote a letter to the newly appointed Soviet Communist Party General Secretary Yuri Andropov, and received a personal reply which included a personal invitation to visit the Soviet Union, which she accepted.

9. After the Revolution of 1905, the Czar asked Grand Duke Nikolai, a cousin and respected general, to become a military dictator. Nikolai passionately refused, pulling a pistol and threatening to kill himself if the Czar did not accept recommended democratic reforms

10. "mathematics" has no generally accepted definition

Why is the steady-state theory no longer generally accepted?

You can easily fact check why money is generally accepted as a medium of exchange by examining the linked well-known sources.

Kurt Blome, a Nazi scientist acquitted during the Nuremberg Doctors' Trial by the United States. It is generally accepted that he conducted chemical and biological warfare experiments on concentration camp inmates, and collaborated with the Japanese biological warfare program. He died in 1969

A "Shermanesque statement" is defined by an abundance of clarity. It comes from General William T. Sherman, who once rejected calls to run for president by saying: "I will not accept if nominated and will not serve if elected." - source

Despite the fact that there are no officially defined regions, Alaska has six regions generally accepted to exist, including South central, Southeast, Interior, Southwest, North Slope and the Aleutian islands.

Nicolaus Copernicus" research into the universe led him to read Regiomontus" Epitome of the Almagest. This book gave an alternative to Claudius Ptolemy's model of the universe, which was generally accepted as true at the time.

Alabama state law requires any public school sex education class to include teaching “homosexuality is not a lifestyle acceptable to the general public and that homosexual conduct is a criminal offense under the laws of the state” - source

When is it generally accepted to switch verb tenses mid-sentence?

Samantha Smith, a 10 year old girl from Maine, wrote a letter to the newly appointed CPSU General Secretary Yuri Andropov, to enquire who was causing trouble between USA and USSR. She received a personal reply which included a personal invitation to visit the Soviet Union, which she accepted.

How many generally accepted accounting principles are there?

Dr. Hugh Dryden and Dr. Theodore von Kármán "invented the word 'transonic'." Dr. Dryden wanted transsonic and Dr. von Kármán wanted transonic. Dr. von Kármán used the "one s" version "in a report to the Air Force" and the general's reply had transonic, "so it seemed to be officially accepted."

Lie Detector Test are admissible in U.S. Court upon specific criteria like known error rate that must be generally accepted by the scientific community.

There is no generally accepted definition for the term "Economic Collapse"

The 'acceptance prophecy' refers to the phenomena that when we think we will be liked by someone, we tend to act more warmly towards them, and in turn are generally more liked.