@article{Agricultural:338191,
      recid = {338191},
      author = {Bureau of Agricultural Economics and Extension Service},
      title = {Report of the American Farm Economic Association Committee  on Definitions of Terms in Farm Management},
      address = {1939},
      number = {1485-2023-1023},
      pages = {22},
      year = {1939},
      abstract = {Excerpts:  The Committee on Definitions of Terms in Farm  Management, in accordance with its instructions from the  Association, has prepared a report, which is attached, on a  suggested definition for each of a selected list of terms  in common use by farm management workers. This report is  largely a summary of the reactions of a considerable number  of farm management workers during the last three years to a  selected list of terms and definitions assembled by the  Committee from a survey of farm management literature.  The  report is divided into two parts. In the first part a  suggested brief definition is given for each of 64 farm  management terms, together with brief supplementary notes  for a few of the terms.  The  second part consists of a  suggested outline for a farm financial statement.  The  financial statement indicates, perhaps more clearly than  the definitions, the concepts conveyed by the terms used in  farm accounting.  Furthermore, the suggested outline for a  farm financial statement illustrates the possibility of  presenting farm accounting information in a form which  furnishes a basis for computing the various conventional  measures of efficiency and financial success in the  operation of farms.  The itemization suggested would permit  considerable flexibility in recombining items to obtain  additional measures.  If the more condensed financial  statements commonly presented could be preceded by a  financial statement such as the one herein suggested, it  would greatly facilitate comparison of the statements  derived from two or more studies.},
      url = {http://ageconsearch.umn.edu/record/338191},
      doi = {https://doi.org/10.22004/ag.econ.338191},
}