Incentive Consideration

eBook (PDF), 4 Pages
Price: $1.99
The use of book value based on cost to measure the investment or even the use of estimates of price-level-adjusted cost is subject to severe criticism. There is no reason why a system based on values estimated by management cannot be used for internal purposes instead of cost-based conventional accounting. Here we have an opportunity to apply ingenuity to bypass a valid objection by managers to cost-based accounting.
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June 18, 2013
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647.09 KB

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Printable? Yes
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