In apparent response to Chairman Levitt's speech, on August 13, 1999, the SEC accounting staff issued Staff Accounting Bulletin No. 99 (SAB 99), which addresses materiality in the preparation of financial statements.
Author: Grote, George. DARIUS THE GREAT, king of Persia in 522-486 BC, one of the greatest rulers of the Achaemenid dynasty, who was noted for his administrative genius and for his great building projects.
The Persians were also very tolerant of local religions. Later Persian rulers also followed this policy. Under Darius the Persian Empire was divided into areas called satrapies and each was ruled by a man called a satrap. In 539 BC the Persians conquered the rich and powerful city-state of Babylon.