[This study tests the effect of homework collection and quizzes on exam scores. Expectancy theory as modified by Porter and Lawler [1968] suggests that performance (a student's exam score) is dependent upon effort, abilities and traits, and role perception (regarding the class). An accounting instructor is able to influence a student's effort through assigning different tasks (teaching techniques) which may include homework collection or quizzes. In this study, a Latin square design allows several teaching techniques to be tested in four accounting classes and controls for possible bias in exam scores resulting from time of class and exam difficulty. Additionally, GPA is used as a covariate. The results indicate that the selected teaching techniques do not significantly affect exam scores.]

The article discusses some of the theoretical problems of the cash yield (CY) and prime rate index (PR) of convertible bonds. Since most convertible bonds currently being issued are offered to investors at prices around par, differences between cash yields and yields to maturity tend to be rather insignificant. Accounting Principles Board (APB), attempted to justify its choice of the CY/PR index on the grounds first that it represents a practical, simple and readily calculable basis for making decisions, and, second, that it has a sound empirical basis founded on a relatively high degree of correlation between the prime rate and alternative yield indices. In essence, the Board recommended an eminently operational procedure having several obvious, serious theoretical flaws and questionable predictive ability. The APB's decision to compare cash yields on risky securities with an essentially riskless rate not only creates the relative bias but also tends to reduce absolutely the probability that any convertible issue will be classified as the equivalent of common stock.

Reviews the book "A Framework for Financial Reporting by Diversified Companies," by Alfred Rappaport and Eugene M. Lerner.

Reviews the book "Risk, Return, and Equilibrium: A General Single-Period Theory of Asset Selection and Capital-Market Equilibrium," by Bernell Kenneth Stone.

Reviews the book "The Function and Analysis of Capital Market Rates," by James C. Van Horne.

Reviews the book "Public Policy Toward Mergers," by J. Fred Weston and Sam Peltzman.

Reviews the book "Elementary Accounting: Theory, Technique, and Applications," by Robert E. Seiler.

Reviews the book "Using Information to Manage," by Arthur B. Toan.

Reviews the book "Theory of the Measurement of Enterprise Income," by Robert R. Sterling.

Reviews the book "The American Corporation: Its Power, Its Money, Its Politics," by Richard J. Barber.