This document sets for the Commissions response to a petition for clarification and a petition for reconsideration of its First Report and Order, Commonly known as "Expensing of Station Connections". The First Report and Order, published in the Federal Register at 456 FR 18481, March 31, 1981, adopted changes to the Commissions Rules in Part 31 on uniform system of accounts for Class A and B telephone companies. Both petitioners raised the question of whether, and to what extent the adoption of th First Report and Order limits the discretion of the State commissions to follow different accounting and depreciation procedures for purposes of computing revenue requirements for intrastate telecommunications services.
Accounting Telephone