What question did this study set out to answer?

The aim is to analyze Arthur L. Thomas's conclusions on financial accounting allocations regarding their arbitrary and incorrigible nature.

Arbitrary and Incorrigible Allocations.

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This analysis critiques financial accounting allocations, suggesting an alternative approach to enhance objectivity.

The aim is to analyze Arthur L. Thomas's conclusions on financial accounting allocations regarding their arbitrary and incorrigible nature.
Reviewed two studies by Arthur L. Thomas on financial accounting allocations.
Evaluated the implications of arbitrariness and incorrigibility in accounting practices.
Discussed the necessity of redefining accounting income for better objectivity.
Thomas argued that allocations in financial accounting are arbitrary and incorrigible.
The analysis suggests that concluding to cease allocations is not justified.
Instead, there should be a redefinition of accounting income to enable effective algorithms.

Leonard Eckel (1976) studied this question.

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