When calculating the percent error where does the absolute value bar go?

Question

I have been scratching my head at this for awhile, I see this all over the internet with mixed answers.

When calculating the percent error does the absolute value bar go all the way through to the fraction or just the numerator?

Example:

$$\ |\frac{accepted - calculated }{accepted }| *100\% $$ OR

$$\frac{|accepted - calculated| }{accepted } * 100\% $$