A Place Where Electricity Costs More than your Mortgage Payment

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

In Itta Bena, Mississippi, it is not uncommon to receive an electricity bill that is more than you pay for a monthly mortgage. Questions: When residents complained about the high cost of electricity, what did they find out? What type of structural changes are contributing to the high utilities prices in this small town? What… Read more »

Vehicular Homelessness

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

As housing costs soar in major cities, more Americans are living behind the wheel. Although the U.S. Department of Housing and Urban Development doesn’t collect national data on vehicle residency, unsheltered homelessness—a category that includes people sleeping in vehicles—is on the rise. Questions: 1. Are all of these individuals poor? What are some of the… Read more »