Use of fictional new winery to introduce accounting concepts and practices, such as assets, liabilities, expenses, the relevant principles, and contingent work. Designed to address this issue at the conceptual level, which allows a class discussion to focus on the main thought process on accounting, rather than the "correct" numerical calculations. "Hide
by David F. Hawkins, Robert S. Kaplan, Gregory S. Miller Source: Harvard Business School 2 pages. Publication Date: June 16, 2005. Prod. #: 105081-PDF-ENG
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