Does Fair Value Accounting for Non-Financial Assets Pass the Market Test? Hans B. Christensen and Valeri V. Nikolaev The University of Chicago Booth School of Business 5807 South Woodlawn Avenue Chicago‚ IL 60637 Abstract: The choice between fair value and historical cost accounting is the subject of longstanding controversy among accounting academics and regulators. Nevertheless‚ the market based evidence on this subject is very limited. We study the choice of fair value versus historical
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called repression. Repression is a type of defense mechanism Freud proposed humans use to push away thoughts or feelings that cause us distress. Freud believed repression was an underlying aspect of all other defense mechanisms. [Question 2] According to Freud’s view of personality structure‚ the “executive” system‚ the ____________‚ seeks to gratify the impulses of the ____________ in more acceptable ways. a. id; ego b. ego; superego c. ego; id d. id; superego The best response here is option ego;
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HOW UPHOLDING ETHICAL VALUES HELPS AN ORGANIZATION THAT USES INFORMATION SYSTEMS? INTRODUCTION In order to understand the role of ethical values and the related ethical codes of conduct with regard to information systems in organization performance‚ there is need to put the‚ whole affair in a broad context as to the rise of ethical issues and dilemmas in the management of systems for organizational performance and development. Information systems has been defined as “a set of interrelated components
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Long before Samuel F. B. Morse electrically transmitted his famous message “What hath God wrought?”‚ there were signal systems. That’s when they knew they had come up with a new way to communicate long distances without hand delivering messages. The world’s eagerness to push the ability of communicating from a distance only grew. The idea of using electricity to communicate over distance is said to have been Morse during a conversation aboard ship when he was returning from Europe in 1832
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Online Homework (“Moodle”) To use Moodle: 1. Go to http://homework.chem.uwm.edu/login/index.php 2. Enter Username: your Panther ID Password: your epanther password (just like entering D2L) 3. Complete your profile using local server time and click update. At the next page click the homework button to get to the classes. Please sign in with your official name (full first and last name)‚ no nick names or pseudonyms!!! To join our class: 1. Click on your lecture: Chemistry 100; Spring
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The Chinese use chopsticks as easily and as naturally as Europeans use forks. They are like an extension of a man’s fingers‚ practical adaptations that evolved from the days when man indeed ate with his fingers. There are different styles of chopsticks. The Chinese variety is blunt on the "eating end‚"‚ while the Japanese prefer those with pointed tips. There are even short lengths for children for use. Chopsticks are made of many materials - ivory‚ plastic‚ silver‚ and even jade - but the most
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Medicine’s Simple Marvel Perhaps one of the greatest abilities in today’s medical world is the ability doctors and nurses have to listen to heartbeats‚ pulses‚ and breathing patterns with simplicity. It doesn’t require any high-tech equipment. It doesn’t require a myriad of tests and examinations. It doesn’t cost thousands of dollars per minute to operate. In fact‚ the abilities that I just mentioned are made possible by this instrument: a stethoscope. The stethoscope that we know today is not
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utilized in a number of ways. While research studies aren’t exactly light reading material for the average person‚ the results of these experiments and studies can have important applications in daily life. The following are some of the top 10 practical uses for psychology in everyday life. 1. Get Motivated Photo courtesy Sanja Gjenero Whether your goal is to quit smoking‚ lose weight or learn a new language‚ some lessons from psychology offer tips for getting motivated. In order to increase your motivational
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HOW MY OWN VALUES‚ BELIEFS AND PERSONAL EXPERIENCES MIGHT AFFECT MY WORK PRACTICE Everyone has different values‚ beliefs and preferences. What you believe in‚ what you see as important and what you see as acceptable or desirable is an essential part of who you are. [pic] The way in which you respond to people is linked to what you believe in‚ what you consider important and what interests you. You may find you react positively to people who share your values and less warmly to people
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U.S. Generally Accepted Accounting Principles (US GAAP) to International Financial Reporting Standards (IFRS) in the timber industry. I will cover the following topics: different accounting treatment under U.S. GAAP and IFRS‚ the influence on investment decisions‚ Plum Creek’s reason for the opposition against transformation‚ and conclude with my preferred accounting treatment under different roles. ACCOUNTING TREATMENT The concern is mainly on recognition of the value of standing timberlands
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