in four sections: Section 4 published by the National Association of Accountants management accounting

Topical Index to Management Accounting Section 1, Volume XIIX and NAA Research Publications September 1961 August 1968 Accounting (See also Systems and Procedures) Basic Accounting Theory: A Set of Three Postulates. R. W. METCALF and G. D. WELCH. . Fine Art of Accounting —The Hot Medium, The. ROBERT G. ALLYN. . Selling the Accounting Services. WILLIAM A. MOLES. . Some Problems of Accounting as a Communication System. GEORGE D. WELCH. .

Advertising (See also Distribution) Lost and Found Department for Advertising Dollars. THOMAS A. DEMPSEY. .

Aerospace Industry Corporation Cash Accounting. BRUCE C. BRYANT. February 1968. Management Accountant and Program Control, The. KENNETH E. MCMULLEN. February 1968. Payback Approach to an Integrated Business System, A. J. EDWARD KRAFFT. September 1967.

Agricultural Machinery and Equipment Accountants' Role in Value Analysis, The. DONALD E. LOESCH and HARLAN BANISTER. . Accounting for and Controlling Staff Work. ALBRECHT D. ALLEN. Feb- ruary 1968.

Airplane Construction and Transportation Functions of Return on Investment, The. J. MORGAN REIMERS. . Statistical Evaluation of Work -in- Process Inventories. RONALD L. COOMBS. November 1967. Status Index Reporting. LESTER C. LEMKE, JR. May 1968.

Assets —Fixed (See also Return on Investment) Accounting for Land Development. GARDNER M. JONES. August 1968. Accounting's Contribution to the Selection of Business Investments. JAMES E. MEREDITH, JR. April 1968. Asset Base for Performance Evaluation. VICTOR J. STAFFORD. February 1968. Capital Budgeting and Financing or Leasing Decisions. WILLIAM L. FERRARA. . Digest of NAA Research Report No. 43— Financial Analysis to Guide Capital Expenditure Decisions. May 1968. Is There an Optimum Verification Cycle of Property Records? PHILIP W. KAY and ROBERT O. WAGNER. December 1967. (Letter of comment ROBINSON July 1968). Post Audit of Capital Expenditures. JOHN V. VAN PELT, 1I1. November 1967. Post - Completion Audits of Capital Projects. EDWIN J. MOCK. November 1967.

AUGUST 1968 Sensitivity A n a l ys i s i n M a k i n g C a p i t a l I n v e s t m e n t D e c i s i o n s . WILLIAM C. HOUSE, JR. Research Monograph No. 3. F e b r u a r y 1968. S l i d e R u l e t o U n t a n g l e Depreciation, T h e . G. KENNETH DYE. D e c e m b e r 1967. Some Basic Rules for Property Accounting in Manufacturing Companies. JOHN V. VAN P ELT, III. M a y 1968. U t i l i z i n g PEM in a Capital Program. EDWIN N. HAMILL. November 1967.

Auditing Accounting Investigations of the FBI. JOHN EDGAR HOOVER. A u g u s t 1968. P o s t A u d i t of C a p i t a l Expenditures. JOHN V. VAN PELT, III. N o v e m b e r 1967. Post - Completion A u d i t s o f C a p i t a l P r o j e c t s . EDWARD J. MOCK. N o v e m - b e r 1967. M a n a g e m e n t A u d i t o f t h e EDP C e n t e r , A. MICHAEL R. MOORE. M a r c h 1968.

Automobiles and Accessories Maintenance C o s t D a t a f o r A n a l ys i s a n d C o n t r o l . MICHAEL HROMISH. O c t o b e r 1967.

Balance Sheets(See Financial Statements)

Banks and Banking Instant Banking —A Tiger by the Tail. WILLIAM C. WILLARD. . Preparing for Computers. JAMES M. BELLINGHAUSEN. M a r c h 1968.

Bonuses (See Incentives and Profit Sharing)

Break -even Points (See Profits)

Breweries Financial Data in a Management Information System. JAY W. B E L L . J u n e 1968.

Budgets C a p i t a l B u d g e t i n g a n d F i n a n c i n g o r L e a s i n g D e c i s i o n s . WILLIAM L. FERRARA. July 1968. Economic Cost C u r v e A n a l y s i s , A n . JAMES H. HIPPEL. S e p t e m b e r 1967. I s Conventional A c c o u n t i n g A d e q u a t e f o r a C o s t R e d u c t i o n P r o g r a m ? GERALD R. CROWINGSHIELD and GEORGE L. BATTISTA. . M a t c h i n g Management Decisions a n d Re s u l t s . W. L. FURLONG and L. H. ROBERTSON. August 1968. Profit - Volume a n d N e t Profit Percentages Computed on Cost. MARTIN J. MCDONALD, JR. June 1968. Utilizing PEM in a Capital Program. EDWIN N. HAMILL. November 1967.

Burden (See Overhead)

MANAGEMENT ACCOUNTING Calendar Reform Role of Operational Accounting Periods in a Goal- Oriented Control Sys- tem, The. MICHAEL CHATFIELD. August 1968.

Cash Flow Case for Continuous Discounting, The. TIMOTHY P. HAIDINGER. Febru- ary 1968. Corporation Cash Accounting. BRUCE C. BRYANT. February 1968. Financial Concept of Working Capital and Its Effect on Accounting, A. RICHARD G. ELDER. August 1968. Forecasting Cash Flow: Some Problems and Some Applications. EDWIN N. WILKINS. . Influence of Taxes on Financial Planning, The. LEVON C. REGISTED. October 1967. It Pays to Pay: Accepting Section 531 Penalties May Be Sound Economics. M. R. SKIGEN and E. K. SNYDER. August 1968. Keying the Short -Run Capital Flow to Return -on- Investment Objectives. DAVID P. MCELVAIN. December 1967. Set Theory and Accounting Analysis. A. WAYNE CORCORAN and CHING- WEN KWANG. September 1967.

Chemicals Converting to a Direct Costing System. RICHARD E. WILLIAMS. January 1968. Forecasting Cash Flow: Some Problems and Some Applications. EDWIN N. WILKINS. October 1967. Make -or -Buy Decision —A Case Study, The. GIBSON E. MITCHELL. No- vember 1967. Standard Cost System for a Foundry. GEORGE A. BACHTELL. December 1967. Systems Documentation. RICHARD F. SCHUBERT. September 1967.

Cost Accounting (See also Systems and Procedures and Training of Management Accountants) Accounting Information in Managerial Decision - Making for Small and Medium Manufacturers. GARY A. LUoMA. Research Monograph No. 2. December 1967. Fundamental Concepts of Information Theory. JOHN A. CASPARI. June 1968. Impact of Computers on the Controllership Function, The. A. W. GIL- MOUR STUBBS. March 1968. Major Changes Caused by the Implementation of a Management Infor- mation System. HAROLD M. SOLLENBERGER. Research Monograph No. 4. June 1968. Management Accounting Developments in the Army Industrial Field. ROBERT R. IRISH. October 1967. Organizing, Staffing and Operating the Information Services Function. ROBERT W. SHOPOFF and WILLIAM R. JACK. October 1967. (Letter of Comment MARLOW. June 1968). Selling the Accounting Services. WILLIAM A. MOLES. September 1967.

AUGUST 1968 3 Cost Control and Reduction Is Conventional A c c o u n t i n g A d e q u a t e f o r a C o s t R e d u c t i o n P r o g r a m ? GERALD R. CROWNINGSHIELD and GEORGE L. BATTISTA. J a n u a r y 1968. M a n a g e m e n t Acceptance: P o t e n t i a l B a r r i e r t o P E R T / C o s t Implementa- tion. WILBUR R. Ross. January 1968. M a t c h i n g M a n a g e m e n t D e c i s i o n s a n d Re su l t s . W. L. FURLONG and L. H. ROBERTSON. August 1968. R o l e of Operational A c c o u n t i n g P e r i o d s i n a Goal- Oriented C o n t r o l Sys- tem, The. MICHAEL CHATFIELD. August 1968. Set of Programs f o r T o t a l Cost Improvement, A. LEONARD F. M c E L W E E . J u n e 1968. U t i l i z i n g C P M / C o s t i n N o n d e f e n s e Industries. GLEN N. GESSFORD. J a n - u a r y 1968.

Cost Systems (See Systems and Procedures)

Cost-Volume -Profit Relationship (See Budgets)

Credit Instant Banking —A Tiger by the Tail. WILLIAM C. WILLARD. March 1968.

Data Processing(See also Systems and Procedures) Can the Accountant Manage EDP? BRUCE JOPLIN. November 1967. Communications and Automation. J. DOUGLAS ELLIOTT. June 1968. Data Processing Ups and Downs. ANONYMOUS. March 1968. D o c u m e n t Y o u r D a t a P r o c e s s i n g S ys t e m . FRED A. HARRELSON, JR. S e p - t e m b e r 1967. I m p a c t of C o m p u t e r s o n t h e Controllership F u n c t i o n , T h e . A. W. GIL- MOUR STUBBS. March 1968. I n EDP, Organization B r e e d s S u c c e s s . JOHN P. HARRISON. M a r c h 1968. I n s t a n t B a n k i n g — A T i ge r b y t h e T a i l . WILLIAM C. WILLARD. M a r c h 1968. Long -Range Forecasting a n d P l a n n i n g T e c h n i q u e , A. JOHN W. DODSON. D e c e m b e r 1967. M a n a g e m e n t A c c o u n t a n t a n d t h e I n t e g r a t e d Information S y s t e m , T h e . LEONARD W. H E I N . J u n e 1968. M a n a g e m e n t A t t e n t i o n : Prerequisite t o S u c c e s s f u l C o m p u t e r S ys t e m s . DONALD W. EARL and BILL W. RHOADES. March 1968. M a n a g e m e n t A u d i t of t h e EDP C e n t e r , A. MICHAEL R. MOORE. M a r c h 1968. Microfilm's N e g l e c t e d P o t e n t i a l f o r S e r v i c e . LEO E. STONE. M a r c h 1968. P a y b a c k A p p r o a c h t o a n I n t e gr a t e d Bu si n e s s S y s t e m , A. J. EDWARD KRAFFT. September 1967. Pitfalls and Your First Computer. JAMES M. TAYLOR. March 1968. P o t e n t i a l of Multiple- Access - Computer S e r v i c e B u r e a u s , T h e . CONSTAN- TINE KONSTANS. March 1968. Preparing for Computers. JAMES M. BELLENHAUSEN. March 1968. Systems Documentation. RICHARD F. SCHUBERT. September 1967. System of Order Entry Profit Analysis, A. JOSEPH BORKOWSKI. J u l y 1968.

4 MANAGEMENT ACCOUNTING Delivery Expenses (See Distribution) Profit - Volume and Net Profit Percentages Computed on Cost. MARTIN J. McDONALD, JR. June 1968.

Department Stores (See Retailing)

Depreciation, Depletion and Amortization and Return on Investment (See Assets Fixed)

Development Expense(See Research and Development Costs)

Direct Costing Contribution Margin Reporting for Diversified Companies. PATRICK S. KEMP. May 1968. Converting to a Direct Costing System. RICHARD E. WILLIAMS. January 1968. Decision Making Applications of Direct Cost Information. JOHN R. PAT - TERSON. January 1968. Direct Costing Controversey the Antagonist Live in Different Worlds, The. GEORGE T. LOGAN, JR. August 1968. Product Contribution Analysis for Multi - Product Pricing. WILLIAM S. KALLIMANIS. July 1968. Ratios to Standard Direct Cost. HOWARD C. FORD. January 1968. System of Modified Direct Costing for Planning and Control, A. MERLYN K. JOHNSON. June 1968. Valuing Period Costs in Inventory Under Direct Costing. JAMES E. RHODES. February 1968.

Distribution Matching Management Decisions and Results. W. L. FURLONG and L. H. ROBERTSON. August 1968. Profitability Commission Plans Relating Sales Compensation to Profit- ability. LEON H. ROBERTSON. June 1968. System of Order Entry Profit Analysis, A. JOSEPH BORKOWSKI. July 1968.

Electrical Manufacturing Control System of Profitability of New Products, A. EDMUND G. KING. July 1968. Impact of Computers on the Controllership Function, The. A. W. GIL- MOUR STUBBS. March 1968. Ratios to Standard Direct Cost. HOWARD C. FORD. January 1968. Sustaining Error -Free Performance. LEONARD F. McELWEE. December 1967. Valuing Period Costs in Inventory Under Direct Costing. JAMES E. RHODES. February 1968.

Electronic Equipment (See also Data Processing) Should Your Company Consider Defense Contracts? LESTER J. SCHNEI- DER. February 1968.

AUGUST 1968 5 Estimating(See Budgets and Forecasting)

Financial Control Digest of NAA Research Report No. 43— Financial Analysis to Guide Capital Expenditure Decisions. May 1968. Financial Data in a Management Information System. JAY W. BELL. June 1968. Financial Responsibility and Sales Prices. WILLIAM J. RILEY. September 1967.

Financial Statements(See also Reports) But Is it Income? GARDNER M. JONES. February 1968. How to Eliminate the "Plugging" of Net Worth for Translated Foreign Currency Financial Statements. WILLIAM L. FURLONG. April 1968. Developing Debate on Line of Business Disclosure, The. ANDREW BARR. December 1967. External Reporting for Segments of a Business. MORTON BACKER and WALTER B. MCFARLAND. April 1968. Segmental Revenue Approach, A. CALVIN L. WHITBECK. December 1967.

Fixed Assets(See Assets — Fixed) Food Business Games: A Technique for Teaching Decision- Making. JOHN R. CARSON. October 1967. Dynamic Business Models —A Tool to Meet New Business Challenges. ALEX E. DENHAAN. May 1968. Lost and Found Department for Advertising Dollars. THOMAS A. DEMP- SEY. December 1967. Motivational Psychology and the Management Accountant. JOSEPH R. DUGAN. July 1968.

Forecasting (See also Budgets) Accountants and Sales Forecasters — Partners for Profits. VERNON G. LIPPITT. March 1968. Forecasting Cash Flow: Some Problems and Some Applications. EDWIN N. WILKINS. October 1967. Long -Range Forecasting and Planning Technique, A. JOHN W. DODSON. December 1967.

Foreign Practices Choice of a Foreign Exchange Rate, The. ALFRED M. KING. April 1968. How to Eliminate the "Plugging" of Net Worth for Translated Foreign Currency Financial Statements. WILLIAM L. FURLONG. April 1968. Reporting the Results of Foreign Currency Fluctuations. BERT TUCKER - MAN. April 1968. Translation of Foreign Operation: A Survey. ANTHONY C. D. CHOI. April 1968. Unrealized Foreign Exchange Gains and Losses. GEORGE C. WATT. April 1968.

MANAGEMENT ACCOUNTING Foundries Standard Cost System for a Foundry. GEORGE A. BACHTELL. December 1967.

Government Contracts Defense Contractors Weighted Average Share in Cost Risk (CWAS). EDWIN P. JAMES. January 1968. Management Accountant and Program Control, The. KENNETH E. Mc- MULLEN. February 1968. Multiple Incentive Contracts: An Analytical Technique. WILLIAM A. FARMER. May 1968. Should Your Company Consider Defense Contracts? LESTER J. SCHNEI- DER. February 1968.

Government Regulation Accounting Investigations of the FBI. JOHN EDGAR HOOVER. August 1968.

Government Units Can the Accountant Manage EDP? BRUCE JOPLIN. November 1967. Document Your Data Processing System. FRED A. HARRELSON, JR. Sep- tember 1967. Management Accounting Developments in the Army Industrial Fund. ROBERT R. IRISH. October 1967.

Graphs(See also Statistical and Mathematical Methods) Accountants and Sales Forecasters — Partners for Profits. VERNON G. LIPPETT. March 1968.

Hosiery Decision Making Applications of Direct Cost Information. JOHN R. PAT - TERSON. January 1968.

Incentives and Profit Sharing Profitability Commission Plans Relating Sales Compensation to Profit- ability. LEON H. ROBERTSON. June 1968. Salesmen's Incentives —For Profit's Sake. MARIO R. FUNART. March 1968.

Insurance Companies Work Measurement for Control of Clerical Costs. DAVID B. BRENNAN. May 1968.

Integrated Data Processing(See Data Processing and Systems and Procedures)

Internal Auditing(See Auditing)

Inventories(See also Material Control and Accounting) Inventory at Net Realizable Values? ROBERT O. BROWN. January 1968. Inventory Simulation: Concepts, Implementation and Benefits. G. REESE VANCE. July 1968.

AUGUST 1968 7 Inventory Systems —A Case Study. GEORGE D. PERNA. July 1968. Statistical Evaluation of Work -in- Process Inventories. RONALD L. COOMBS. November 1967. Valuing Period Costs in Inventory Under Direct Costing. JAMES E. RHODES. February 1968.

Iron and Steel System of Order Entry Profit Analysis, A. JOSEPH BORKOWSKI. July 1968.

Job Evaluation Work Measurement for Control of Clerical Costs. DAVID B. BRENNAN. May 1968.

Joint and By- Product Costing Accounting for Land Development. GARDNER M. JONES. August 1968.

Labor (See also Incentives and Profit Sharing) Learning Curve Wage Incentives. JAMES A. BROADSTON. August 1968.

Labor Unions Are Labor Unions Accountable? PAUL W. DEMAREST. August 1968.

Lumber Utilizing PEM in a Capital Program. EDWIN N. HAMILL. November 1967.

Machine Shops Financial Responsibility and Sales Prices. WILLIAM J. RILEY. September 1967.

Machinery Manufacturing Direct Costing Controversey The Antagonist Live in Different Worlds, The. GEORGE T. LOGAN. August 1968. Divisional Profit Measurement Using Return on Capital Employed. ROB- ERT K. MCLAIN. October 1967. Keying the Short -Run Capital Flow to Return -on- Investment Objectives. DAVID P. McELVAIN. December 1967.

Maintenance (See Repairs and Maintenance)

Management Accounting Information in Managerial Decision - Making for Small and Medium Manufacturers. GARY A. LUOMA. Research Monograph No. 2. December 1967. Accountants and Sales Forecasters— Partners for Profits. VERNON G. LIPPITT. March 1968. Approach to Management Training: The Management Matrix, An. IRWIN M. JARETT. February 1968.

8 MANAGEMENT ACCOUNTING Business Games: A Technique for Teaching Decision - Making. JOHN R. CARSON. October 1967. Staff Responsibility of the MIS Analyst, The. LEE C. RANEY. December 1967.

Manuals (See Systems and Procedures)

Material Control and Accounting (See also Inventories) Inventory at Net Realizable Values? ROBERT O. BROWN. January 1968.

Mergers of Corporations Building and Controlling a Multi- Divisional Growth Company. DONALD A. GAUDION. February 1968. (Letter of Comment HERB July 1968). Contribution Margin Reporting for Diversified Companies. PATRICK S. KEMP. May 1968. Make -or -Buy Decision —A Case Study, The. GIBSON E. MITCHELL. November 1967. Merger/ Acquisition Valuation Approaches. ALVIS P. STEPHENS. April 1968.

Natural Business Year(See Calendar Reform)

Office Organization and Management Accounting for and Controlling Staff Work. ALBRECHT D. ALLEN. Febru- ary 1968. Motivational Psychology and the Management Accountant. JOSEPH R. DUGAN. July 1968. Work Measurement for Control of Clerical Costs. DAVID B. BRENNAN. May 1968.

Oil Accounting Reports on Research and Development. ALEXANDER J. GAL - LANTIER. November 1967. Staff Responsibility of the MIS Analyst, The. LEE C. RANEY. December 1967.

Organization In EDP, Organization Breeds Success. JOHN P. HARRISON. March 1968. Staff Responsibility of the MIS Analyst, The. LEE C. RANEY. December 1967.

Overhead (See Direct Casting)

Payroll Accounting (See Labor)

Pension Plans (See Incentives and Profit Sharing)

Personnel Motivational Psychology and the Management Accountant. JOSEPH R. DUGAN. July 1968.

AUGUST 1968 9 Pharmaceuticals Product Policy and Profitability. GOETz GIESE. May 1968.

Photographic Equipment Product Evaluation Using the Assigned -Value Approach. WILLIAM J. SHINNEMAN. May 1968.

Plastics An Economic Cost Curve Analysis. JAMES H. HIPPEL. September 1967.

Pricing Financial Responsibility and Sales Prices. WILLIAM J. RILEY. September 1967. Keying the Short-Run Capital Flow to Return -on- Investment Objectives. DAVID P. McELVAIN. December 1967. Product Contribution Analysis for Multi- Product Pricing. WILLIAM S. KALLIMANIS. July 1968.

Product Cost and Appraisal Accountant's Role in Value Analysis, The. DONALD E. LOESCH and HAR- LAN BANISTER. November 1967. Application of Input- Output Analysis to Some Problems in Cost Account- ing, An. YUJI IJIM.April 1968. Control System of Profitability of New Products, A. EDMUND B. KING, July 1968. Product Contribution Analysis for Multi- Product Pricing. WILLIAM S. KALLIMANIS. July 1968. Product Evaluation Using the Assigned -Value Approach. WILLIAM J. SHINNEMAN. May 1968.

Production Measurement Application of Input- Output Analysis to Some Problems in Cost Account- ing, An. YUJI I.IIRI. April 1968. Approach to Management Training: The Management Matrix, An. IRWIN M. JARETT. February 1968. Status Index Reporting. LESTER C. LEMKE, JR. May 1968.

Production Planning and Control Accounting for and Controlling Staff Work. ALBREcHT D. ALLEN. Febru- ary 1968. Economic Cost Curve Analysis, An. JAMES H. HIPPEL. September 1967. Management Acceptance: Potential Barrier to PERT /Cost Implementa- tion. WILBUR R. Ross. January 1968. Management Accountant and Program Control, The. KENNETH E. Mc- MULLEN. February 1968. Product Policy and Profitability. GOETz GIESE. May 1968. Status Index Reporting. LESTER C. LEMKE, JR. May 1968. Sustaining Error -Free Performance. LEONARD F. McELWEE. December 1967. Utilizing CPM /Cost in Nondefense Industries. GLEN N. GESSFORD. Janu- ary 1968.

10 MANAGEMENT ACCOUNTING Profits(See also Budgets and Return on Investment) Accountants and Sales Forecasters — Partners for Profits. VERNON G. LIPPITT. March 1968. Building and Controlling a Multi - Divisional Growth Company. DONALD A. GAUDtON. February 1968. (Letter of Comment HERS July 1968). Control System of Profitability of New Products, A EDMUND B. KING. July 1968. Divisional Profit Measurement Using Return on Capital Employed. ROB- ERT K. MCLAIN. October 1967. Influence of Taxes on Financial Planning, The. LEVON C. REGISTER. October 1967. Long -Range Forecasting and Planning Technique, A. JOHN W. DODSON. December 1967. Role of Operational Accounting Periods in a Goal- Oriented Control Sys- tem, The. August 1968. System of Modified Direct Costing for Planning and Control, A. MERLYN K. JOHNSON. June 1968. System of Order Entry Profit Analysis, A. JOSEPH BORKOWSKI. July 1968.

Public Utilities Communications and Automation. J. DOUGLAS ELLIOTT. June 1968. Is There an Optimum Verification Cycle of Property Records? PHILIP W. KAY and ROBERT O. WAGNER. December 1967. (Letter of Comment ROBINSON July 1968).

Radio and Television Case for Continuous Discounting, The. TIMOTHY P. HAtDINGER. February 1968. Defense Contractors Weighted Average Share in Cost Risk (CWAS). EDWIN P. JAMES. January 1968. Slide Rule to Untangle Depreciation, The. G. KENNETH DYE. December 1967.

Ratios and Charts(See Statistical and Mathematical Methods) Ratios to Standard Direct Cost. HOWARD C. FORD. January 1968.

Real Estate(See also Assets— Fixed) Accounting for Land Development. GARDNER M. JONES. August 1968.

Renegotiation(See Government Contracts)

Repairs and Maintenance Maintenance Cost Data for Analysis and Control. MICHAEL HROMISH. October 1967.

Reports(See also Financial Statements) Accounting Reports on Research and Development. ALEXANDER J. GAL - LANTIER. November 1967. Accounting Information in Managerial Decision - Making for Small and Medium Manufacturers. GARY A. LuoMA. Research Monograph No. 2. December 1967.

AUGUST 1968 11 Accounting's Contribution to the Selection of Business Investments. JAMES E. MEREDITH, JR. April 1968. Contribution Ma rgin Reporting for Diversified Comp a ni es. PATRICK S. KEMP. May 1968. Externa l Reporting for Segments of a Business. MORTON BACKER and WALTER B. MCFARLAND. April 1968. Fundamental Conc epts of Information T heo ry. JOHN A. CASPARL Ju ne 1968. Major Changes Caused by the Implementation of a Management Informa- tion System. HAROLD M. SOLLENBERGER, Research Monograph No. 4. Ju ne 1968. Organizing, Staffing a nd Opera ting the Information Services Fu nct ion. ROBERT W. SHOPOFF and WILLIAM R. JACK. October 1967. (Letter of Comment MARLOW June 1968). Psychological Impa ct of Certa in Aspects of Performance Reports, T he. DORIS MARIE COOK. July 1968. S o m e Problems of Accounting as a Communication System. GEORGE D. WELCH. February 1968. Use of Information Theory in Accounting, T he. CHARLES L. BOSTWICK. Ju ne 19 6 8 .

Research (See Statistical and Mathematical Methods)

Research and Development Costs Acco u nt ing Re po rt s on Resea rch and Development. ALEXANDER J. GAL - LANTIER. November 1967. Dy n a m i c Business Models —A T ool to Meet Ne w Business Challenges. ALEX E. DENHAAN. May 1968.

Retailing Inventory Systems —A Case Study. GEORGE D. PERNA. Judy 1968.

Return on Investment Asset Base for Performance Evaluation. VICTOR J. STAFFORD. Feb ru a ry 196 8. Asset Base for Performance Evaluation —A Critique. RICHARD A. ELNICKI. August 1968. Capital Budgeting and Financing on Leasing Decisions. WILLIAM L. FER- RARA. July 1968. Continu ou s Discounting a nd the Fo rc e o f Interest. WILLIAM J. VATTER. August 1968. Divisional Profit Measurement Using Return on Capital Emp lo ye d. ROB- ERT K. MCLAIN. October 1967. Functions of Return on Investment, The. J. MORGAN REIMERS. May 1968. It Pays to Pay: Accepting Section 531 Penalties May Be Sound Ec o no m - ics. M. R. SKIGEN and E. K. SNYDER. August 1968. Keying the Short -Run Capital Flow to Return -on- Investment Objectives. DAVID P. MCELVAIN. December 1967. Post Au dit of Capital Expenditures. JOHN V. VAN PELT, III. No ve m be r 1967.

12 MANAGEMENT ACCOUNTING Post - Completion Audits of Capital Projects. EDWARD J. MOCK. Novem- ber 1967. Sensitivity Analysis in Making Capital Investment Decisions. WILLIAM C. HOUSE, JR. Research Monograph No. 3. .

Rubber Profit - Volume and Net Profit Percentages Computed on Cost. MARTIN J. MCDONALD, JR. June 1968.

Sales Analysis and Control (See Distribution and Forecasting)

Small Business Accounting Information in Managerial Decision - Making for Small and Medium Manufacturers. GARY A. LUOMA. Research Monograph No. 2. December 1967.

Standard Costs Analyzing the Effectiveness of the Traditional Standard Cost Variance Model. JOEL S. DEMSKI. October 1967. Ratios to Standard Direct Cost. HOWARD C. FORD. January 1968. Standard Cost Review —A Seldom Used Management Tool, The. BERNARD J. KRAVITZ. August 1968. Standard Cost System for a Foundry. GEORGE A. BACHTELL. December 1967.

Statistical and Mathematical Methods Analyzing the Effectiveness of the Traditional Standard Cost Variance Model. JOEL S. DEMSKI. October 1967. Business Games: A Technique for Teaching Decision- Making. JOHN R. CARSON. October 1967. Case for Continuous Discounting, The. TIMOTHY P. HAIDINGER. February 1968. Classifying and Selecting Financial Ratios. CHARLES D. MECIMORE. Feb- ruary 1968. Dynamic Business Models —A Tool to Meet New Business Challenges. ALEX E. DENHAAN. May 1968. Inventory Simulation: Concepts, Implementation and Benefits. G. REESE VANCE. July 1968. Learning Curve Wage Incentive. JAMES A. BROADSTON. August 1968. Operations Research for the Accountant. WILLIAM H. JEAN. February 1968. Set Theory and Accounting Analysis. A. WAVNE CORCORAN and CHING- WEN KWANG. September 1967. Statistical Evaluation of Work -in- Process Inventories. RONALD L. COOMBS. November 1967. Statistical Significance of Accounting Variances. DONALD A. JUERS. Octo- ber 1967. Use of Information Theory in Accounting, The. CHARLES L. BOSTWICK. June 1968.

AUGUST 1968 13 Sugar Preparing for Computers. JAMES M. BELLINGHAUSEN. March 1968.

Supplies (See Inventories)

Systems and Procedures Financial Data in a Management Information System. JAY W. BELL. June 1968. Management Accountant and the Integrated Information System, The. LEONARD W. HEIN. June 1968. Payback Approach to an Integrated Business System, A. J. EDWARD KRAFFT. September 1967. Systems Documentation. RICHARD F. SCHUBERT. September 1967.

Tabulating Machines (See Data Processing)

Taxes Impact of the Suspension of the 7% Investment Credit, The. WILLIAM R. PARKER. February 1968. Influence of Taxes on Financial Planning, The. LEVON C. REGISTER. October 1967.

Textiles Asset Base for Performance Evaluation. VICTOR J. STAFFORD. February 1968. Some Basic Rules for Property Accounting in Manufacturing Companies. JOHN V. VAN PELT, III. May 1968.

Training of Management Accountants Arts and Sciences vs. Business Administration as a Source of Accounting Staff. RAY M. POWELL. January 1968. (Letter of Comment SELIG- MAN July 1968) . Current Trends in Accounting Education. WILLIAM C. FLEWELLEN, JR. January 1968. (Letter of Comment SELIGMAN July 1968).

Uses of Cost Data (See Reports)

Unemployment Insurance (See Labor)

Waste and Spoilage Sustaining Error -Free Performance. LEONARD F. McELWEE. December 1967.

Wholesaling Product Contribution Analysis for Multi- Product Pricing. WILLIAM S. KALLIMANIS. July 1968.

Work Simplifications (See Systems and Procedures)

14 MANAGEMENT ACCOUNTING Letters to the Editor Commenting on Articles Published Prior to September 1967*

September 1967 C a n a d i a n A c c o u n t i n g P r a c t i c e s . IRVING NYMAN ( o n HARTLEY, N o v e m b e r 1966). Investment Tax Credit. ROBERT E. HAMPLE (on OLSON, ). TOOLS Vs. Principles. WEBSTER P. O'NEILL (on PYLE, ).

October 1967 Active Solicitation. JIM G. CONNOLLY (on T h e Comment, F e b r u a r y 1967). Capacity- Controlled Costs. D. J. DI CLEMENTE (on HOWARD, F e b r u a r y 1967). Math Can Be Easier. JOHN V. FORDON (on MORRIS, February 1967).

November 1967 Construction Equipment Rental Ratio. Louis A. CONERLY. Our Firm Foundation. JAMES T. FOWLER. Segregate the Purchase Variance! RODNEY S. MISHLER (on FiORENZA, F e b r u a r y 1967).

December 1967 Fine Tuning. J. EDWARD KRAFFT (on GRIFFIN, ). M a r k e t V a l u e a n d P r i c i n g, A. DONALD L. SPECK (on LOWELL, M a r c h 1967). Nontaxable Extras. ELSIE LUCKMAN (on HICKS, ). R u l e of V a l u e a n d R e q u e s t , T h e . JAMES C. DAILEY (on CHRISTENSEN, M a r c h 1967). Strengthened Validity. LLOYD C. MEIER (on KELLER, ).

January 1968 P l a n n e d P e r i o d E x p e n s e Allocation. NICHOLAS A. LANNUTTI (on WRIGHT, J a n u a r y 1967). Realistic Picture, A. ROBERT L. DAUGHERTY (on REEVES, April 1967). Re al - T i me Is the Real Problem. J. PATRICK BUSCH (on TYRAN, April 1967). U s e of Standard Direct Costing. WILMER WRIGHT.

February 1968 Allocation Effects. WILLIS M. MOHN (on GAWTHROP, April 1967). D o n ' t A s k . . . R e c o m m e n d ! CLARK H. JOHNSON (on THOMLEY, A p r i l 1967). G r o w t h a n d P r i c i n g. R. J. VALES, JR. and F. N. COHN (on LOWELL, M a r c h 1967). P r a c t i c a l Incentives. KENNETH E. FRENCH (on ROWLAND, A p r i l 1967).

*Letters commenting on subsequent ar t i cl e s a r e n o t e d wi t h articles on pp. 1 -14. AUGUST 1968 15 March 1968 Continual Review. JAMES A. MEYRICK (on BLAKE, ) . Divisional Performance Measurement and the Pricing of Interdivisional Trans- fers. ALFRED RAPPAPORT and IAN J. BREMNER (on FINNEY, ).

Apri11968 Allocations to Line of Business. D. W. HENNERMAN (on NIELSEN, ). Factory Control by Variance Accounting. JAMES T. FOWLER (on FIORENZA, February 1967) . Paper Tape Method, The. RICHARD H. BRUCE (on ATWOOD, May 1967).

May 1968 Direct Costing in Practice. ROBERT F. HOLTZ (on SHEARER, ). System Cycle Concept, The. WILLIAM J. SCHROEDER, JR. (on SHULTIS, August 1967).

June 1968 Courses for Non - accounting Majors. HAROLD W. GREEN (on FLEWELLEN, ).

16 MANAGEMENT ACCOUNTING oG pTlO/y O

O ay bti.19 1 9.5'