DETERMINATION OF MATERIALITY - GUIDELINES APPLIED IN THE COMPUTATION Sample Clauses

DETERMINATION OF MATERIALITY - GUIDELINES APPLIED IN THE COMPUTATION. OF MATERIALITY Quantitative Materiality can be based on a number of financial indicators of the type that is widely used and accepted in the accounting profession as a basis of calculating materiality. The following table depicts acceptable basis used in the computation of materiality. Basis Acceptable Ranges Gross Revenue/Turnover 0.2% – 1 % Net Income 1 – 5 % Total Asset 1 – 2 % Equity 0.5 – 2 %
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  • Initial Forecasts/Trunking Requirements Because Verizon’s trunking requirements will, at least during an initial period, be dependent on the Customer segments and service segments within Customer segments to whom CSTC decides to market its services, Verizon will be largely dependent on CSTC to provide accurate trunk forecasts for both inbound (from Verizon) and outbound (to Verizon) traffic. Verizon will, as an initial matter, provide the same number of trunks to terminate Reciprocal Compensation Traffic to CSTC as CSTC provides to terminate Reciprocal Compensation Traffic to Verizon. At Verizon’s discretion, when CSTC expressly identifies particular situations that are expected to produce traffic that is substantially skewed in either the inbound or outbound direction, Verizon will provide the number of trunks CSTC suggests; provided, however, that in all cases Verizon’s provision of the forecasted number of trunks to CSTC is conditioned on the following: that such forecast is based on reasonable engineering criteria, there are no capacity constraints, and CSTC’s previous forecasts have proven to be reliable and accurate.

  • Sentencing Guidelines Calculations 8. Defendant understands that in imposing sentence the Court will be guided by the United States Sentencing Guidelines. Defendant understands that the Sentencing Guidelines are advisory, not mandatory, but that the Court must consider the Guidelines in determining a reasonable sentence.

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  • Child Abuse Reporting Requirement Grantee will:

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