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Discuss how states have responded to the inadequacies of their state constitutions.That is, what reforms have been implemented to make constitutions more workable documents?
Net Present Value
A method used in finance to calculate the value of a series of future cash flows in today's dollars.
Percentage-of-Completion
An accounting method used to recognize revenues and expenses of long-term contracts as a percentage of work completed during the period.
Revenue Recognition
The accounting principle defining the specific conditions under which revenue is recognized or recorded.
Tax Havens
Countries with no or low corporate taxes.
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