Knowledge that Transforms

Journal Article Banking Policy and the Price Level Get access Warren M. Persons Warren M. Persons Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 40, Issue 4, August 1926, Pages 689–698, https://doi.org/10.2307/1884460 Published: 01 August 1926

Journal Article Social Control of Business Get access E. S. Furniss E. S. Furniss Yale University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 41, Issue 1, November 1926, Pages 167–170, https://doi.org/10.2307/1885558 Published: 01 November 1926

Where do things "belong" in an urban area? 404. — Inadequacy of current analysis, 404. — Study of location trends in New York as a method of attacking the problem, 406. — Summary of trends in location of manufacturing and other economic activities, 407. — Complications caused by fluctuations in prosperity of groups studied, 414. — Advantages of discussing problem in terms of functions, 417. — Cohesion of functions, 417. — The problem of rating the functions, 419. — Accessibility and the costs of friction, 420. — Layout determined by the minimizing of the costs of friction; an hypothesis, 422, — The hypothesis explained and tested, 423. — Distorting and retarding factors, 429. — Primary and ancillary activities, 430. — The economic basis of zoning, 431.

Introductory — Changed scope of city planning and the resulting need for economic assistance, 180. — The problem of an efficient "pattern of population" considered abstractly, 183. — Fundamental importance of transportation advantages in assembling assortments of consumption goods, 186. — Advantages in distributing such assortments, 187. — Consumption advantages of non-urban locations, 188. — Effects upon location of perishability and variation in weight and bulk of goods, 190. — Family unit and location, 193. — Influence of trade-union "exactions, " 195. — General factors of retardation and distortion, 196. — Variations in the factors influencing the pattern, 197. — Correlation between growth and variations in relative transportation advantages in history of New York City, 204.

Abstract This article presents information related to account education in various universities. The accounting staff is developing its own text material for the first two years' work. New courses in accounting problems and auditing are being offered. George S. Clarksou, Certified Public Accountant (CPA), has given up his position as instructor in accounting in the evening division and Is now at Northeastern University in the same capacity. Henry J. Bornhofft, CPA., has been promoted to the rank of associate professor. James V. Toner has received the degree of M. A. from Holy Cross College and has been promoted to the rank of professor of accounting. Toner has collaborated with Professor Elwell in the revision of the Miner and Elwell Bookkeeping Series published by Ginn and Company. The revised text will be known as "Bookkeeping and Accounting" by Elwefl and Toner. N.S. Vincent, CPA., has resigned as Instructor in accounting is devoting his entire time to accounting practice. There have been no changes in the staff for this year. Accounting has been made a requirement for all students enrolled in the engineering college.

Abstract From time to time there appear in the public press news and others items relating to the costs of higher education. Sometimes the reference is to the distinctly personal problem of costs incurred by individuals who "go to college." At other times the reference is to the problem of the costs incurred by colleges and universities in rendering their services. These two problems are, of course, related, not infrequently they are confused. It may be worth while, therefore, to differentiate briefly between them. It seems to the writer that any inquiry into college and university operating costs should recognize this three-fold classification of functions. It may from time to time be most pertinent, if indeed not necessary, for academic and business administrative officers to compare courses and amounts of income with causes and amounts of expense. Deficits do appear, sometimes with alarming frequency. Endowment and special trust funds, moneys available from public treasuries and payments by students may provide quite inadequately for current needs.

Reviews the book "Accounting Systems-Principles and Problems of Installation," by George E. Bennett.

Reviews the book "Analysis of Financial Statements," by Harry G. Guthmann.

Abstract The second decade of the present century was marked by a great development in that phase of accounting having to do primarily with principles, practices, and procedures in the field of manufacturing. The name applied to this body of material was "cost accounting." During this period, the development of cost systems in manufacturing institutions, the attention of engineers and industrial associations to cost accounting, and the inclusion of courses in cost accounting in the larger universities of the country gave evidence of this new development in the field of accounting. Frequent statements of writers that the principles of cost accounting might advantageously be applied to selling and administrative expenses, and that commercial enterprises might well emulate the cost accounting of industrial concerns, are conducive to serious reflection upon the possible existence of a science, inherent in factory or cost accounting, which is more fundamental than surface conditions seem to indicate. There is at least a suggestion that the description of technical devices and procedures which forms the bulk of cost accounting does not exhaust the possibilities of the subject.

Abstract Since the origin of fraternity life in the U.S. colleges and universities, the proper method of financial control has been one of the most vexing problems. Prior to the last decade little constructive work had been done in producing a satisfactory routine which would be both practicable and at the same time sufficiently simple for the training, or lack there of, which the average fraternity treasurer possessed. In the past ten years, however, more and more attention to the question has been paid by college officials, officials of national groups and by the personnel of groups themselves and this has resulted in several interesting developments. This trend may be accounted for in several ways, but probably follows the general interest which has become manifest due to federal regulations, higher costs and other factors. There are several factors peculiar to fraternal accounting control which are not to be found in most other types of organizations. The personnel of the college fraternity is a rapidly changing one. This means that the average treasurer no more than has time to become efficient as a business manager and bookkeeper when he passes on and the next victim takes his place.