In Three Sections: Section 3

Bulletin 0 Management ■ Accounting

Topical Index to NAA Bulletin — Management Accounting Section 1, Volume XLVI and NAA Research Publications August 1965 Accounting Ac c o u nt i n g Principles —A Retrospection. HAROLD G. AVERY. Oc t ob e r 1964. Mechanics of Mesopotamian Record - Keeping, The. ORVILLE R. KEISTER. (L e t t e r of c o m m e n t COOPER August 1965).

Accounting Systems (See Systems and Procedures)

Accounts Payable Customer - Supplier I n v e n t o r y Pl a n , A. W. O. DICK a n d J. B. FROST. D e c e m b e r 1964 (L e t t e r of c o m m e n t LABOUNTY M a y 196 5). Radical Surgery for the Accounts Payable Processing —A Case Report. R. C. EDWARDS. M a y 1965.

Airplane Construction and Transportation Control Of Construction Costs. J. DONALD FORBES. . Cost S i d e of NASA PERT a n d C o m p a n i o n Cost, T h e. LAWRENCE E. HOUK. J u l y 1965. Mechanization of Financial Statement Preparation. MICHAEL R. TYRAN. J a n u a r y 1965. Radical Surgery for the Accounts Payable Processing —A Case Report. R. C. EDWARDS. M a y 1965. Un i t Bu dg et s. ROBERT B. DREIZLER. N o v e m b e r 1964.

Assets —Fixed (See also Depreciation, Depletion and Amortization and Return on Investment) An a l ysi s of Ar g u m e n t s Ag a in st th e Capitalization of Lea ses, An . JAMES H. MCLEAN and CLAY H. BUCKNER, JR. J a n u a r y 1965. Au t o m o b i l e Le a si n g a n d the I n c o m e Con cep t. WILLIAM J. VATTER. Oc to be r 1964. Ca pi ta l Expenditure F r a m e w o r k , A. MILTON F. USRY. N o v e m b e r 1964 (L e t t e r of c o m m e n t VAN HORN ). Effect of Va ri a ti on s in Ac c ou n ti n g M e t h o d s on Ca pi ta l Bu d ge t in g . MICHAEL SCHIFF. J u l y 1965. Fi n a n c ia l An a l ysis T e c h n iq u e s for Equipment Replacement Decisions. ELLY VASSILATOU- THANOPOULOS. Re se a r c h M o n o g r a p h No. 1. M a y 1, 1965. How We Follow Up Capital Expenditures. ROBERT E. CAUCHRON. . N e w Facilities: A P l a n for Pl a n n i n g . DAVID K. LEAK. J u n e 1965. O m i t t e d Asp e c t of Le a se Capitalization, An . J. PETER GAFFNEY. J a n u a r y 1965. Pattern for Profitable Automotive Fleet Transportation, A. LAWRENCE A. BARISA. F e b r u a r y 1965. R e v a m p i n g P r o p e r t y Reco rds. DONALD E. GUSTAFSON. D e c e m b e r 1964. Simplifying Property Accounting. DEREK C. E. DAVIS. D e c e m b e r 1964. Surplus Equipment —An Asset or a Liability? R. L. KELSO. April 1965.

Auditing Ba sic Va l u e s Offe red by the Consultant. JAY H. LOEVY. J u l y 1965. On -Line B a n k Au d it i ng . M. T. DOWNS, W. A. HARLOW a n d C. W. HUDSON. J a n u a r y 1965. AUGUST 1965 Automobiles and Accessories P a t t e r n for Profitable Automotive Fleet Transportation, A. LAWRENCE A. BARISA. February 1965.

Balance Sheets (See Financial Statements)

Banks and Banking F u t u r e Application of On- Line -Real -Time in Ba n k i n g . JOHN H. BURNS. Ap r i l 1965. On -Line B a n k Au di ti ng . M. T. DOWNS, W. A. HARLOW a n d C. W. HUDSON. J a n u a r y 1965.

Break -Even Points Vig ila nt Cost Co n tr o l Su st a i n s Profitability. KENNETH R. RICKEY. D e c e m b e r 1964 (L e t t e r of c o m m e n t CARNEIRo Ap r i l 196 5).

Budgets Accountant's An a l ysi s of a Bu dg et , T he. FRANK KLEIN. Au g u st 1965. Better Profit Pl a n n i n g . HENRY GUNDERS. Au g u st 1965. B u d g e t Ma nua l —A Communication Aid, T h e. JAMES O. C o x . D e c e m - b e r 1964. Budget Variance T r e n d Re po rt s. DONALD J. AM ic u c ci . J u l y 1965. C o m p a n y Fracturalization b y Bu dg et s. ROBERT RHODES. Oc t ob e r 1964. Di re ct Cost ing for Profit Measurement. L. J. WILLIAMS. M a y 1965. Effect of Va ri a ti on s in Ac c ou n ti n g M e t h o d s on Ca pita l Bu d ge t in g . MICHAEL SCHIFF. J u l y 1965. Unit Budgets. ROBERT B. DREIZLER. . Va r i a b l e Bu d g e t s T h r o u g h Correlation An a l ysis: A Simp lified A p - pr oa ch . RICHARD B. TROxEL. F e b r u a r y 1965.

Cash Flow Ca sh -Flow An a l y si s as Use d by M a n a g e m e n t a n d th e Fi na nc ia l An a l yst . MALCOLM L. WELLS. S e p t e m b e r 1964. F u n d s a n d In c om e . JOHN W. COUGHLAN. S e p t e m b e r 1964 (L e t t e r s of c o m m e n t SPAULDING F e b r u a r y 1965, TENNEY M a r c h 196 5). Mathematical Unity of Funds -Flow Analysis, The. CHING -WEN KWANG a n d ALBERT SLAVIN. J a n u a r y 1965. Preparation of Ca sh -Flow Fo r ec a st s a n d F u n d s Statements. JACK L. ELLIOTT. J u l y 1965. Re p o r t i n g the I m p a c t of Long -Range P l a n s on Fi n a nc i a l Posit ion. JACK GRAY. N o v e m b e r 1964. Re vi se d All- Purpose F u n d s S t a t e m e n t , T he. DONALD A. CORBIN. J u l y 1965. Simpl ified W o r k sh e e t for the F u n d s a n d Ca sh -Flow Statements, A. A. WAYNE CORCORAN. S e p t e m b e r 1964.

Chemicals Ec o no m ic s for E x p a n d i n g Operations. C. A. DEL R i o a n d M. W. RAY, JR. Ap r i l 1965.

Clay Products Simplifying P r o p e r t y Accounting. DEREK C. E. DAVIS. D e c e m b e r 1964. 4 NAA BULLETIN Construction C o n t r o l o f Construction C o s t s . J. DONALD FORBES. J u n e 1965.

Cost Accounting (See also Training of Management Accountants) Contribution A p p r o a c h , T h e . WILLIAM L. FERRARA. D e c e m b e r 1964 (L e t t e r of c o m m e n t FINNEY J u l y 1965). Controllership i n a D e f e n s e Contracting Business. A L B E R T M . BALDWIN. A p r i l 1965. Controllership i n t h e Contemporary S e t t i n g . JAMES A. DEVILLE. S e p t e m b e r 1964. M a n a g e m e n t Accountant's Responsibilities f o r B u s i n e s s E t h i c s , T h e . LEONARD M. SAVOIE. A p r i l 1965. M a n a g e m e n t Accounting —Past a n d F u t u r e . STANLEY A. PRESSLER. A p r i l 1965. M a n a g e m e n t D e m a n d s F a i r n e s s t o A l l . JAMES W. PATTILLO. A p r i l 1965. M a n a g e r i a l Accounting: A F r a m e o f R e f e r e n c e . WILLIS J. D o M - BROVSKE. A u g u s t 1965. Responsibility Accounting —A B a s i c C o n t r o l C o n c e p t . WILLIAM L. FERRARA. S e p t e m b e r 1964 (L e t te r s of c o m m e n t BOMBLATUS F e b r u a r y 1965, BOWEN M a r c h 1965).

Cost Control and Reduction C o n t r o l o f F i x e d C o s t s . ALLAN WRIGHT. M a r c h 1965. C o s t Competitives, T h e . KENNETH R. RICKEY. S e p t e m b e r 1964. C r i t i c a l P a t h M e t h o d s . GRANVILLE R. GARGIULO. J a n u a r y 1965. E x p e n s e C o n t r o l M u s t F o c u s o n Responsibility. CHARLES E. BOWEN, JR. N o v e m b e r 1964. F i n a n c i a l A n a l y s i s i n t h e Mid - Sixties. JAMES L. ORTNER. A u g u s t 1965. R e d u c i n g C l e r i c a l C o s t s T h r o u g h I m p r o v e d M a n p o w e r Utilization. CHARLES H. GRADY, JR. M a r c h 1965. R e d u c i n g I n d i r e c t C o s t s — A C a s e S t u d y . EUGENE P. FOLEY, JR. J u n e 1965. Responsibility Accounting —A B a s i c C o n t r o l C o n c e p t . WILLIAM L. FERRARA. S e p t e m b e r 1964 (L e t te r s of c o m m e n t B O M B L A T U s F e b - r u a r y 1965, BOWEN M a r c h 1965). V i g i l a n t C o s t C o n t r o l S u s t a i n s Profitability. KENNETH R. RICKEY. D e c e m b e r 1964 (L e t t e r of c o m m e n t C A R N E I R o A p r i l 1965). W h o C o n t r o l s W h o m ? ROBERT O. BROWN. A p r i l 1965.

Cost - Volume- Profit Relationship (See Break -Even Points and Budgets)

Data Processing Equipment A u t o m a t e d M a t e r i a l a n d Procurement C o n t r o l . HOWARD A. MAXWELL. O c t o b e r 1964. A u t o m a t e d P r o c e s s i n g o f C u s t o m e r O r d e r s . W. J. CHIEVITZ. O c t o b e r 1964. C o mOct p u to e br eA r c t i o n a n d t h e Accountant's R e a c t i o n . LEONARD F. CAMILLI. 1964. E D P — T h e Accountant's C o n c e r n . DONALD SHAPIRO. F e b r u a r y 1965. F u n c t i o n a l v s . Multifunctional D a t a P r o c e s s i n g S y s t e m s . RICHARD F. PEIRCE. J u n e 1965. I n t e r n a l C o n t r o l a n d E D P — A C o m p a n y ' s Experience. JACK W. SCHREY. N o v e m b e r 1964. AUGUST 1965 L i f e I n s u r a n c e I n d u s t r y a n d EDP M a k e a H a p p y P a i r , T h e . CHARLES F. PESTAL. S e p t e m b e r 1964. Mechanization of Financial Statement Preparation. MICHAEL R. TYRAN. J a n u a r y 1965. P i t f a l l s of Computer Installation, The. ROBERT EVANSON. M a y 1965. Radical Surgery for the Accounts Payable Processing —A Case Report. R. C. EDWARDS. M a y 1965. R e l a t i v e C o s t D e c r e a s e s i n EDP S y s t e m s . MANUEL R. SYLVESTER. J u n e 1965. T o w a r d A u t o m a t e d P r o d u c t i o n P l a n n i n g . RICHARD D. BARKER. O c t o b e r 1964 (L e t te r s of c o m m e n t NICKLER A p r i l 1965, WARD A u g u s t 1965). U s e of EDP a n d T e l e t y p e i n Monthly Financial C l o s i n gs . MAURICE W. BEICHLEY a n d HARVEY L. POPPEL. J a n u a r y 1965.

Delivery Expenses (See Distribution)

Department Stores (See Retailing)

Depreciation, Depletion and Amortization (See also Assets — Fixed) Application of C o m p o s i t e Depreciation, A n . R o s s FORNEY. J u n e 1965. C l o s e r L o o k a t T w o Accelerated Depreciation Methods, A. WERNER G. FRANK. D e c e m b e r 19 64 (L e t t e r of c o m m e n t DAVIDSON a n d DRAKE J u n e 1965). Simplifying P r o p e r t y Accounting. DEREK C. E. DAVIS. D e c e m b e r 1964.

Development Expense (See Research and Development Costs)

Direct Costing A n s w e r s t o S e v e r a l C r i t i c a l Q u e s t i o n s o n D i r e c t C o s t i n g . L o u i s F. BIAGIONI. M a y 1965. Contribution A p p r o a c h , T h e . WILLIAM L. FERRARA. D e c e m b e r 1964 (L e t t e r of c o m m e n t FINNEY ). C o n t r o l of F i x e d C o s t s . ALLAN WRIGHT. M a r c h 1965. C o n v e r t i n g t o a D i r e c t C o s t S y s t e m . HAROLD A. LEDUC. M a y 1965. D i r e c t C o s t i n g f o r P r o f i t Measurement. L. J. WILLIAMS. M a y 1965. Inventories a t R e a l i z a b l e V a l u e s ? GEORGE L. BATTISTA a n d GERALD R. CROWNINGSHIELD. M a y 1965. M a r g i n a l C o s t a n d I n c o m e Accounting —Some P e r e n n i a l P r o b l e m s . JOHN H. KEMPSTER. M a r c h 1965. P l a n n i n g Y o u r P r o f i t Path — Through Contribution R e p o r t i n g . WILLIAM LANGENBERG. M a r c h 1965. S e c o n d " C a s e f o r D i r e c t Costing " — Twelve Y e a r s L a t e r , A. H. W. LUENSTROTH. M a y 1965.

Distribution (See also Sales Analysis and Control) A u t o m a t e d P r o c e s s i n g of C u s t o m e r O r d e r s . W. J. CHIEVITZ. O c t o b e r 1964. C o n t r o l t h r o u g h M a r k e t i n g S t a n d a r d s . H. NEWTON GARBER. J a n u a r y 1965.

Economics A c c o u n t i n g P r o b l e m s R e l a t e d t o Price -Level C h a n g e s . GRANT U. MEYERS. N o v e m b e r 1964 (L e t t e r of c o m m e n t LEONHARDI A p r i l 1965). NU BULLETIN Purpose and Extent of Price -Level Adjustments, The. G. FRED WEBER. M a r c h 1965.

Electrical Manufacturing Au t o m a t e d Ma te r ia l a n d Procurement Con tro l. HOWARD A. MAXWELL. Oc to be r 1964. Critica l P a t h Me th o ds. GRANVILLE R. GARGIULO. J a n u a r y 1965. E v e r y d a y Application of th e Disco u nt ed Ca sh Flow Method. JOHN P. GUIMOND. Oc t ob e r 1964. P l a n n i n g for the C o m p a n y G r o wt h . ANDREW J. LIPINSKI. N o v e m b e r 1964. Use of EDP and Teletype in Monthly Financial Closings. MAURICE W. BEICHLEY a n d HARVEY L. POPPEL. J a n u a r y 1965.

Electronic Data Processing (See Data Processing Equipment)

Electronic Equipment (See Data Processing Equipment)

Estimating (See Budgets and Forecasting)

Financial Statements (See also Reports) Ac c ou n ti n g P r o b l e m s Re la te d to Price -Level Ch a n g es. GRANT U. MEYERS. N o v e m b e r 1964 (L e t t e r of c o m m e n t LEONHARw Ap r i l 196 5). Consistency —Art T h o u a Vi rt u e ? ROBERT A. MORGAN. Au g u st 1965. L o we r of Cost or M a r k e t T est for Fo r e i g n Inventories, T h e. C. WILLARD ELLIOTT. F e b r u a r y 1965. Ma n a g er i a l Accounting: A F r a m e of Re fe r en ce . WILLIS J. Do m - BROVSKE. August" 1965. Ma r g in a l Cost a n d I n c o m e Accounting —Some P e r e n n i a l P r o b l e m s. JOHN H. KEMPSTER. M a r c h 1965. Mechanization of Financial Statement Preparation. MICHAEL R. TYRAN. J a n u a r y 1965. Purpose and Extent of Price -Level Adjustments, The. G. FRED WEBER. Ma r c h 1965. Un re a l iz ed Fo r e i g n E x c h a n g e Ga i ns Ar i si n g fr o m F u n d s B o r r o we d in Loca l Cu r r e n c y . GEORGE C. WATT. F e b r u a r y 1965. Us e o f E D P a n d T e l e ty p e i n M o n t h l y Fin a n ci a l Closings. MAURICE W. BEICHLEY a n d HARVEY L. POPPEL. J a n u a r y 1965. Use of G r a p h s in Fi na nc ia l Re p or t in g . ROBERT B. BARR. D e c e m b e r 1964.

Fixed Assets (See Assets — Fixed)

Food Forecasting Considerations in Design of M a n a g e m e n t Information Sy st em s. PAUL A. STRASSMANN. F e b r u a r y 1965. Va r i a b l e Bu d g e t s T h r o u g h Correlation An a l ysis: A Simpl ified A p - pro a c h. RICHARD B. TROXEL. F e b r u a r y 1965.

Forecasting (See also Budgets and Sales Analysis and Control) Ec on o mi c Da ta for Management. FRANK C. IzARD. M a y 1965. AUGUST 1965 Forecasting Considerations in Design of Management Information Systems. PAUL A. STRASSMANN. February 1965.

Foreign Practices Lower of Cost or Market Test for Foreign Inventories, The. C. WILLARD ELLIOTT. February 1965. Mechanics of Mesopotamian Record - Keeping, The. ORVILLE R. KEISTER. February 1965 (Letter of comment COOPER August 1965). Unrealized Foreign Exchange Gains Arising from Funds Borrowed in Local Currency. GEORGE C. WATT. February 1965.

Foundries Residual Costing Weighed Under A.R.B. No. 43. ROBERT E. SUTHERLAND. .

Government Contracts Contractor Performance Evaluation. DAVID C. HOWARD. September 1964. Controllership in a Defense Contracting Business. ALBERT M. BALDWIN. April 1965. Cost Side of NASA PERT and Companion Cost, The. LAWRENCE E. HOUK. July 1965. Problems in Accounting for Terminated Defense Contracts. HOWARD W. WRIGHT. July 1965. Some Applications of the Learning Curve to Government Contracts. WILLIAM H. BOREN. (Letter of comment ROULD ). Subcontract Control Program, A. GEORGE E. PEEK and JOHN H. CARTER, JR. July 1965. Warranty and Guaranty Clauses in Government Contracting. JACOB H. FISCHMAN. August 1965.

Graphs (See also Statistical and Mathematical Methods) Use of Graphs in Financial Reporting. ROBERT B. BARR. December 1964.

Insurance Companies Life Insurance Industry and EDP Make a Happy Pair, The. CHARLES F. PESTAL. September 1964.

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

Internal Auditing (See Auditing)

Internal Control Internal Control and EDP —A Company's Experience. JACK W. ScHREY. November 1964. System for Internal Control Reporting, A. WILLIAM J. RILEY. April 1965.

Interunit Accounting Consistency —Art Thou a Virtue? ROBERT A. MORGAN. August 1965. NM BULLETIN Interdivisional T r a n sfe r Pl a n n i n g . DAVID H. Li . J u n e 1965. Pr o ce ssi n g of I n t e r u n i t T r a nsfer s. WILLIAM J. RILEY. Au g u st 1965.

Inventories Controlling Ret a il I n v e n t o r y T h r o u g h P l a n n e d Open -to -Buy P o si - tions. GARDNER M. JONES. N o v e m b e r 1964. Cost of Capital Rate for Inventory Decisions, The. RICHARD M. STRICK- LAND. Au g u st 1965. Customer - Supplier I n v e n t o r y Pl a n , A. W. O. DICK a n d J. B. FROST. D e c e m b e r 1964 (L e t t e r of c o m m e n t LABOUNTY M a y 196 5). Exponential Sm o o t h i n g . J. JOHN BARAN. M a y 1965. Forecasting Considerations in Design of M a n a g e m e n t Information Sy st e m s. PAUL A. STRASSMANN. F e b r u a r y 1965. Inventories a t Realizable Values? GEORGE L. BATTISTA and GERALD R. CROWNINGSHIELD. Ma y 1965. Lower of Cost or Market Test for Foreign Inventories, The. C. WILLARD ELLIOTT. F e b r u a r y 1965. Significant Ca sh Di v i de n d fr o m Scientific I n v e n t o r y Management, A. HAROLD H. HILL and JAMES L. PITTSLEY. May 1965.

Iron and Steel Application of Co m po sit e Depreciation, An . R o s s FORNEY. J u n e 1965. Financial Analysis in the Mid- Sixties. JAMES L. ORTNER. August 1965. Residual Costing Weighed Under A.R.B. No. 43. ROBERT E. SUTHERLAND. D e c e m b e r 1964.

Job Costs P u r c h a se O r d e r N u m b e r i n g wi t h Built -in Intelligence. ROBERT E. SUTHERLAND. June 1965.

Labor Control of Labor Costs through the Use of Learning Curves. VINCENT J. SHROAD, JR. Oc t ob e r 1964 (L e t te r s of c o m m e n t ROULD M a r c h 1965, WERNz April 1965). Direct -Labor Co nt ro l in Re se a r c h a n d Development. FORREST L. HEUSER. Oc t ob e r 1964. S o m e Applications of th e L e a r n i n g C u r v e to G o v e r n m e n t Co nt ra ct s. WILLIAM H. BOREN. Oc to be r 1964 (L e t t e r of c o m m e n t ROULD M a r c h 196 5). T w o S i m p l e Me a su r e s of Productivity fr o m Ac c o u nt i n g Da ta . L o u i s B. KAHN and WAINO W. SUOJANEN. .

Leather Controlling Re ta il I n v e n t o r y T h r o u g h P l a n n e d Open -to -Buy P o si - tions. GARDNER M. JONES. N o v e m b e r 1964.

Machinery Manufacturing Accountant's An a l y si s of a Bu dg et , T h e. FRANK KLEIN. Au g u st 1965. Au t o m a t e d Pr o ce ssi n g of C u st o m e r Or d er s. W. J. CHIEVITZ. Oc to be r 1964. Co n v e r t i n g to a Dir ect Cost S y st e m . HAROLD A. LEDUC. May 1965. AUGUST 1965 Direct Costing for Profit Measurement, L. J. WILLIAMS. May 1965. Our Profit Improvement Methods. GROVER E. EDWARDS. November 1964 (Letters of comment BRINCKLOW March 1965, GETZINGER May 1965). Purchase Order Numbering with Built -in Intelligence. ROBERT E. SUTHERLAND. June 1965.

Maintenance (See Repairs and Maintenance)

Management Basic Values Offered by the Consultant. JAY H. LOEVY. July 1965. Economic Data for Management. FRANK C. IzARD. May 1965.

Manuals Budget Manual —A Communication Aid, The. JAMES O. Cox. Decem- ber 1964.

Material Control and Accounting (See Inventories)

Mergers of Corporations Corporate Acquisitions —Tax Accounting Consequences. C. L. MAHER. March 1965.

Natural Gas Maintenance —A Question of Timing. MORTON D. PROUTY, JR. May 1965.

Office Organization and Management Reducing Clerical Costs Through Improved Manpower Utilization. CHARLES H. GRADY, JR. March 1965.

Oil How We Follow Up Capital Expenditures. ROBERT E. CAUGHRON. April 1965. Linear What? THOMAS F. FARLEY. February 1965 (Letter of comment ELMORE August 1965).

Pharmaceuticals Planning Your Profit Path — Through Contribution Reporting. Wm- LIAM LANGENBERG. March 1965,

Product Cost and Appraisal Profit Performance Index. PAUL C. BAUR, JR. March 1965 (Letter of comment FORD July 1965).

Production Control (See also Production Planning and Control) Cost Side of NASA PERT and Companion Cost, The. LAWRENCE E. HOUK. July 1965. Critical Path Methods. GRANVILLE R. GARGIULO. January 1965. Subcontract Control Program, A. GEORGE E. PEEK and JOHN H. CARTER, JR. July 1965. 10 NAA BULLETIN Production Measurement T w o S i m p l e Me a su r e s of Productivity fr o m Ac c ou n ti n g Da ta . L o u i s B. KAHN and WAINO W. SUOaANEN. January 1965.

Production Planning and Control Be t t e r Profit Planning. HENRY GUNDERS. Au g u st 1965. Re d u ci n g Cler ica l Costs T h r o u g h I m p r o v e d M a n p o w e r Utilization. CHARLES H. GRADY, JR. M a r c h 1965. Toward Automated Production Planning. RICHARD D. BARKER. October 1964 (Letters of comment NIcKLER April 1965, WARD August 1965).

Profits (See also Break -Even Points, Budgets and Return on Investment) Better Profit Planning. HENRY GUNDERS. Au g u st 1965. Dir ect Cost ing for Profit Measurement. L. J. WILLIAMS. M a y 1965. Ec on om ic s for E x p a n d i n g Operations. C. A. DEL R i o a n d M. W. RAY, JR. April 1965. Everyday Application o f t h e Di sc ou nt ed Ca sh F l o w Me t ho d . JOHN P. GuimOND. Oc to be r 1964. L o n g R a n g e Profit P l a n n i n g . Re se a r c h R e p o r t No. 42. D e c e m b e r 1, 1964. O u r Profit Improvement Me th o ds. GROVER E. EDWARDS. N o v e m b e r 1964 (Letters of comment BRINCKLOW M a r c h 1965, GETZINGER M a y 1965).. P l a n n i n g for th e C o m p a n y G r o w t h . ANDREW J. LIPINSKI. N o v e m b e r 1964. P l a n n i n g Y o u r Profit Path— Through Contribution Re po r ti ng . WIL- LIAM LANGENBERG. M a r c h 1965. Profit Performance I n d e x . PAUL C. BAUR, JR. M a r c h 1965 (Letter of comment Ford J u l y 1965). Re p o r t i n g th e I m p a c t of Long -Range P l a n s on Fi na nc ia l Posit ion. JACK GRAY. N o v e m b e r 1964.

Public Utilities Budget Manual —A Communication Aid, T he. JAMES O. Co x . D e c e m - be r 1964. Economic Data for Management. FRANK C. IZARD. May 1965.

Purchasing Automated Material a n d Procurement Cont rol. HOWARD A. MAXWELL. Oc to be r 1964. Controlling Ret a il I n v e n t o r y T h r o u g h P l a n n e d Open -to -Buy P o si - tions. GARDNER M. JONES. N o v e m b e r 1964. Customer - Supplier I n v e n t o r y Pl a n , A. W. O. DICK a n d J. B. FROST. D e c e m b e r 1964 (Letter of comment LABOUNTY May 1965). O u r Profit Improvement Met hod s, GROVER E. EDWARDS. N o v e m b e r 1964 (Letters of comment BRINCKLOW M a r c h 1965, GE'TZINGER M a y 1965). P u r c h a se O r d e r N u m b e r i n g wi t h Built -in Intelligence. ROBERT E. SUTHERLAND. J u n e 1965. AUGUST 1965 11 Radio and Television Co nt ro l th r o u g h M a r k e t i n g S t a n d a r d s. H. NEWTON GARBER. J a n u a r y 1965. Internal Control and EDP —A Company's Experience. JACK W. SCHREY. N o v e m b e r 1964. Sa le s Dig est Re po rt , A. FRANCIS M. MASTROMANO. J u n e 1965.

Railroads S o m e C u r r e n t P r o b l e m s in Ra il ro a d Accounting. W. V. LAWRENCE. J u n e 1965.

Ratios and Charts (See Statistical and Mathematical Methods)

Repairs and Maintenance B u d g e t Va r i a n c e T r e n d Re po rt s. DONALD J. AM lc u c cl . J u l y 1965. Maintenance —A Qu e sti on of T i mi ng . MORTON D. PROUTY, JR. M a y 1965.

Reports (See also Financial Statements) Ec o n om i c Da ta for Management. FRANK C. IzARD. M a y 1965. Me ssa g e of Cybernetics, T h e. SHORELAND C. MATTHIAS. F e b r u a r y 1965 (Letter of comment COOPER Au g u st 196 5). P l a n n i n g Yo u r Profit Path — Through Contribution Re p or t in g . WIL- LIAM LANGENBERG. M a r c h 1965. Profit Performance I n d e x . PAUL C. BAUR, JR. M a r c h 1965 (Letter of comment FORD July 1965). Re p o r t i n g of Financial Da ta . R. G. CONNORS. S e p t e m b e r 1964. R e p o r t i n g the I m p a c t of Long -Range P l a n s on Fi n a nc i a l Positi on. JACK GRAY. N o v e m b e r 1964. S y s t e m for I n t e r n a l Co nt ro l Re po r ti ng , A. WILLIAM J. RILEY. Ap r i l 1965.

Research (See Statistical and Mathematical Methods) Research and Development Costs Co n t r a c t o r Performance Evaluation. DAVID C. HOWARD. S e p t e m b e r 1964. Direct -Labor Co n tr o l in Re se a r c h a n d Development. FORREST L. HEUSER. Oc t ob e r 1964.

Retailing Controlling Ret a il I n v e n t o r y T h r o u g h P l a n n e d Open -to -Buy P o si - tions. GARDNER M. JONES. N o v e m b e r 1964. Significant Ca sh Di v i de n d fr o m Scientific I n v e n t o r y Management, A. HAROLD H. HILL a n d JAMES L. PTTTSLEY. M a y 1965.

Return on Investment An a l ysi s of I n t e r e st I n c o m e Va ri a t io n. JOHN D. BRYANT. N o v e m b e r 1964. Cost of Capital Rate for Inventory Decisions, The. RICHARD M. STRICK- LAND. Au g u st 1965. Ec on om ic s for Expanding Operations. C. A. DEL R i o a n d M. W. RAY, JR. Ap ril 1965. 12 NAA BULLETIN Equivalent Annual Amount Method —A N e w A p p r o a c h t o I n v e s t m e n t A n a l y s i s , T h e . LEE C. RANEY, KARSTEN A. RIST a n d HENRY A. WIEBE. A p r i l 1965. E v e r y d a y Application of t h e D i s c o u n t e d C a s h F l o w M e t h o d . JOHN P. GUIMOND. O c t o b e r 1964. M e t h o d for Determining What Money C o s t s Your Company, A. RALPH W. LAURENS. A u g u s t 1965.

Sales Analysis and Control (See also Distribution) S a l e s D i g e s t R e p o r t , A. FRANCIS M. MASTROMANO. J u n e 1965.

Simplified Practice (See Work Simplification)

Standard Costs C o n t r o l t h r o u g h M a r k e t i n g S t a n d a r d s . H. NEWTON GARBER. J a n u a r y 1965. C o n v e r t i n g t o a D i r e c t C o s t S y s t e m . HAROLD A. LEDUC. M a y 1965. N e w V i e w s o n S t a n d a r d s . STANLEY B. HENRICI. J u l y 1965.

Statistical and Mathematical Methods B e t t e r P r o f i t P l a n n i n g . HENRY GUNDERs. A u g u s t 1965. Decision Structure Tables. W. KAY WILLIAMS. May 1965. Exponential S m o o t h i n g . J. JOHN BARAN. M a y 1965. F i n a n c i a l A n a l y s i s i n t h e Mid- Sixties. JAMES L. ORTNER. A u g u s t 1965. F u t u r e Application of On- Line -Real -Time i n B a n k i n g . JOHN H. BURNS. A p r i l 1965. L i n e a r W h a t ? THOMAS F. FARLEY. F e b r u a r y 1965 ( Letter of comment ELMORE A u g u s t 1965). M a n a g e r i a l U s e of O p e r a t i o n s R e s e a r c h . ROBERT R. IRISH. A p r i l 1965. Mathematical U n i t y of Funds -Flow A n a l y s i s , T h e . CHING -WEN KWANG a n d ALBERT SLAVIN. J a n u a r y 1965. M e e t i n g t h e D e m a n d s of D e c i s i o n M a k e r s . WILLIAM J. VATTER. J u n e ' 1965. O p e r a t i o n s R e s e a r c h a t W o r k . BERTRAND J. BELDA. A u g u s t 1965. P l a n n i n g f o r t h e C o m p a n y G r o w t h . ANDREW J. LIPINSKI. N o v e m b e r 1964. R a t e of G r o w t h — A C a s e i n P r o b l e m S o l v i n g , T h e . LEONARD F. CAMILLI. A p r i l 1965. V a r i a b l e B u d g e t s T h r o u g h Correlation A n a l y s i s : A S i m p l i f i e d A p - p r o a c h . RICHARD B. TROxEL. F e b r u a r y 1965.

Systems and Procedures (See also Manuals and Work Simplification) W h a t D o S y s t e m s a n d P r o c e d u r e s O f f e r ? JACK M. CARMEAN. M a r c h 1965.

Tabulating Machines (See Data Processing Equipment)

Taxes A v o i d i n g t h e Accumulated E a r n i n g s T a x . JACK A. KELLER. J u n e 1965. C l o s e r L o o k a t Two Accelerated Depreciation M e t h o d s , A. WERNER G. FRANK. D e c e m b e r 1964 (Letter of comment DAVIDSON a n d DRAKE J u n e 1965). AUGUST 1965 13 Corporate Acquisitions —Tax Accounting Consequences. C. L. MAHER. March 1965. Training of Management Accountants Some Thoughts on the Education of Accountants. COURTNEY C. BROWN. October 1964 (Letters of comment MALY April 1965, KADEL May 1965, ALLYN June 196 5).

Work Simplification (See also Systems and Procedures) Reducing Indirect Costs —A Case Study. EUGENE P. FOLEY, JR. June 1965. Letters to the Editor Commenting on Articles Published Prior to September 1964* September 1964 Depreciation. JACOB SCHMIDT ( O n PEIRCE, ). Prepaid Freight Charges. J. M. NORTON (on STARN, ). Total System Differences, The. B. A. CODA and MILTON F. USRY (on BECKETT, April 1964) .

October 1964 Absorption vs. Variable Costs. EDWARD E. LIEBERT (on PEIRCE, May 1964). Creativity and Selectivity. MICHAEL R. SAKSA (on DOMBROVSKE, ). Eighth Challenge, The. KENNETH E. FRENCH (on DUNN, ). Financial Management Preparation. MILTON F. UsRY (on DOMBROVSKE, July 1964).

November 1964 Is It Advantageous? ORIE KELM (on STARN, April 1964). Reduction of Insurance Cost. H. D. HAMMERSLAG (on NELSON, July 1964) . December 1964 Assumptions and Statements. E. E. ENGLE (on PEIRCE, May 1964) . Before -Input Rejection of the Invalid Transactions. HUGH L. HENDRICK (on VAN LOON, May 1964).

January 1965 EDP Perspective. FRED S. PATTISON (on WHITE, April 1964). Further Streamlining. ROBERT A. JAMEYSON (on HARBRECHT, ). Relevant Complication, A. JAMES M. FREMGEN (on BATTISTA and CROWN - INGSHIELD, ).

February 1965 Better Gauge, A. JAMES H. COOK (on LANGENBERG, June 1964).

August 1965 "Playscript" in Action. GEORGE E. PEEK (on SHULTIS, August 1964). * Letters co m m entin g on sub sequent articles are noted with article lis tin gs on pp. 3•14. 14 NM BULLETIN dflH