Journal Article A Note on Mr. Ichimura's Definition of Related Goods Get access R. L. Basmann R. L. Basmann Ames, Iowa Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 22, Issue 1, 1954, Pages 67–69, https://doi.org/10.2307/2296226 Published: 01 January 1954

Introduction, 115. — I. Economic benefits and costs, 116; short-time results, 116; longer-time results, 123. — II. Feasibility of financing and operating the programs, 127. — III. Summary and conclusions, 128.

I. Introduction, 401. — II. The man, his times, and his works, 402. — III. Money and wealth, 404. — IV. Determinants of national income, 405. — V. Recurring crises and secular decline, 408. — VI. Boisguilbert's program of reform, 411. — VII. Conclusion, 413.

Reviews the book "Economics of Business Enterprise," by Leonard A. Doyle.

Abstract The article focuses on the concept of uni-fied accounting. The accounting problems of small and medium-size business cannot be solved by gimmicks. The techniques used in many large firms are still too costly, too experimental, too dependent upon a degree of routinization not yet achieved to be adaptable to the needs of small and medium-size business. It is in this area that the concepts of what has been termed Uni-fied or Simplified Unit Accounting have developed. Production costs were reduced in our factories, and distribution costs in wholesale and retail establishments, through utilizing certain techniques. In production, a basic technique has been to use a minimum number of uniform parts to form a maximum number of differentiated products. Both process and product have been organized to this end. In both areas, a certain degree of work organization and specialization of functions has helped cut cost. The concepts of Uni-fied accounting are merely a restatement of concepts utilized in manufacturing and distribution.

Abstract The article presents a study on implications of the use of computers in industry. Well-informed, forward thinking individuals have identified the possibility that routine sensing and judgment work now performed by people will be taken to an important degree by machines. These observations are based upon two developments. First is the development of methods for reducing complex problems to terms that the human mind can grasp and understand in their entirety. Second is the availability of the aforementioned computers for use as research tools for processing the masses of data that may have to be examined in the course of reducing the complex problem to its simpler form. The method is based upon the premise that many of businesses have sufficient maturity for stable operational patterns to have evolved. The ultimate expectation is that these principles can be quantitized and expressed mathematically. When this end is attained, it should then be possible for a computational machine to take over and, operating in accordance with the desired mathematical expression, sense deviations and indicate or even take action.

Abstract This article presents the role of the American Accounting Association's Committee on Cost Accounting Concepts and Standards. The Committee on Cost Accounting Concepts and Standards has a somewhat different position in the Association hierarchy than has the Committee on Accounting Concepts and Standards. The latter committee has received from the Association essentially what amounts to a charter. Once the general committee has arrived at certain conclusions, the Committee's work will receive rather automatic approval for publication. On the other hand, the Cost Committee has never had any such understanding with the Executive Committee. The Executive Committee may, at its discretion, publish or not publish its findings. The Committee on Cost Accounting Concepts and Standards will retain its position as an exploratory and experimental committee. Since this Committee works with data that is, for the most part, a step removed from the firing line of law and tradition, it should have a freer and less official position within the Association.