Abstract ABSTRACT: This paper presents the results of a study which undertakes to evaluate whether the PLATO time-sharing system and the introductory accounting modules residing on this system are an effective tutorial medium for introductory accounting Thru study was replicated over a different population in each of three different time periods and involved an examination of both the financial and managerial modules. The results for the three periods indicate that PLATO can be an effective tutorial medium, particularly where the financial modules are employed.

Abstract This article studies the case of market reactions to accounting policy deliberations. The purpose of the article paper is to point out several shortcomings of a study by some researchers and to suggest an alternative framework for testing for potential market reactions to a series of events such as FASB deliberations on inflation accounting. The general research approach employed by researchers is premised on the argument that market reactions to FASB inflation accounting deliberations can be determined, appropriately, by examining the association between abnormal returns of firms for various announcements. Perhaps the most significant limitations stems from the fact that the correlation approach is an awkward, if not inappropriate methodology for application to research problems where the number of variates. The exclusive reliance on that methodology by researchers, therefore, is surprising since there exist alternative research paradigms which, although not free of shortcomings, avoid some problems.

Abstract Reviews the book "Dollar-Unit Sampling: A Practical Guide for Auditors," by Donald A. Leslie, Albert D. Teitlebaum and Rodney J. Anderson.

Abstract ABSTRACT: This study consists of a laboratory experiment that examines the income smoothing process with respect to motivation (reflected by the cost of smoothing), type of smoothing variable (real or artificial) and management structure (diverse or concentrated ownership). The results indicate that less smoothing occurs when the cost of smoothing is higher, that there is more smoothing when ownership is diverse than when ownership is not diverse, and that smoothing is greater with the use of artificial (accounting) variables than with real (transactional) variables. The data were analyzed using analysis of variance of repeated observations. All results are significant beyond the .001 level. The conclusions relating to ownership are consistent with existing literature.

Abstract Reviews the book "The Impact of Inflation on Accounting," edited by V. K. Zimmerman.

Abstract Reviews the book "Quantitative Methods in Accounting," by Wayne E. Leininger.

Abstract Reviews the book "Inflation Accounting," by Elwood Miller.

Abstract Reviews the book "Fundamentals of Private Pensions," by Dan M. McGill.

Abstract Reviews the book "An Introduction to Financial Accounting," by Charles J. Woelfel.

Abstract ABSTRACT: In this article, the authors provide a unified approach to joint cost allocation for situations where allocation is needed. First, with the help of an illustration, the apparent weakness of Moriarity's scheme is discussed. Later, certain desirable properties of Louderback's method are shown. Employing their "propensity to contribute" concept, the authors utilize the desirable aspects of both the Moriarity and the Louderback schemes to come up with a model which is shown to be in the core. With game-theoretic concepts, a "modified Shapley Value" to allocate the joint cost is provided.