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Thistlerose Publications

How I resolved a $129.64 discrepancy

How I resolved a $129.64 discrepancy

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An Accounting Triumph: How I resolved a $129.64 discrepancy

This book illustrates the type of problem solving done by a cost accountant working for a public transit agency. Cost-allocation systems are widespread in government agencies but the process otherwise varies depending upon the computer software used and the way the accounting system has been developed.

This book tells the story of trying to resolve a $129.64 discrepancy in the agency’s accounting records. The term “line-gen” may not be understood outside the circle of those who deal with computerized accounting circa 1982 but it here becomes a factor in the reasoning process used to solve a problem. When you do specialized work for a bureaucracy, you acquire specialized knowledge and a private vocabulary.

Warning: This is not easy reading. However, it illustrates what goes on within an accountant’s mind in real-life problem solving.
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