Journal Article The Anomalous Case of the Shifting Cost Curve Get access Herbert B. Woolley Herbert B. Woolley Washington, D. C. Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 57, Issue 4, August 1943, Pages 646–656, https://doi.org/10.2307/1884659 Published: 01 August 1943

Journal Article Pareto on Marshall's Demand Curve Get access Edwind B. Wilson Edwind B. Wilson Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 58, Issue 1, December 1943, Pages 141–145, https://doi.org/10.2307/1885761 Published: 01 December 1943

The subject of internal auditing is receiving increasing attention because of the recognition given by accounting authorities and governmental regulations to its importance in determining the scope of audit necessary as a basis for an independent accountant's certificate. Sometimes people are inclined to think of accounting and auditing standards as those of large business concerns and forget that the majority of business organizations are relatively small. Most public accounting work is with relatively small business concerns. It is well to look at the highest possible accounting standards that can be developed and what can be done where cost is not a major controlling factor. Yet one must remember that small business enterprises still exist and furnish a problem of what can be done best to meet their needs. Hence one need to consider internal audit and control in the small as well as in the large business. Manifestly, if the independent auditors, in making their examination and tests, find that every feature of the accounting has been subject to a careful and adequate internal audit, the auditors can place much reliance on the internal auditing and correspondingly shorten their own work.

THE method of moments has been much used to fit frequency functions whether in the Pearson or the Gram-Charlier or the Edgeworth system. In the monograph in which R. A. Fisher laid the foundation for so much of the modern development of mathematical statistics and, in particular, for his theory of the estimation of values of unknown parameters of frequency distributions of known type, he indicated that type of frequency function which could be fitted with perfect efficiency, as he termed it, by the use of the first four moments.' It is an important matter in statistical theory to follow up this suggestion of Fisher's even though one may not often fit the type of function proposed. The frequency function in question, viz.,