Costs (Historical versus Current) versus Exit Values.
The three alternative methods of accounting are sharply distinguished, the questions regarding those methods are segregated, a criterion -- relevance -- that will discriminate the methods is identified, and that criterion is applied to the alternatives. The relevance criterion is applied initially i...
| Publicado en: | Abacus Vol. 17; no. 2; pp. 93 - 130 |
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| Formato: | Artículo |
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Wiley-Blackwell
Dec81
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The three alternative methods of accounting are sharply distinguished, the questions regarding those methods are segregated, a criterion -- relevance -- that will discriminate the methods is identified, and that criterion is applied to the alternatives. The relevance criterion is applied initially in the context of a simple case and subsequently in the context of more complex cases. The exit value system is supported because the exit value of an owned asset is demonstrably relevant to exchange decisions and because it fares no worse than other systems when other criteria such as additivity, are considered. |
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