Discretion vs. Uniformity: Choices Among GAAP.
重新审视了会计准则中统一性与灵活性的争论，通过分析管理层在报告当期费用时自由裁量权变化的影响，展示了扩大自由裁量权的不良后果。
Abstract Reexamines the `uniformity versus flexibility' debate by considering the consequences of varying the amount of discretion managers have in reporting current period expenses. Effects of generally accepted accounting principles (GAAP) on the `internal agency problem' and the `external agency problem'; Exhibition of the undesirability of expanding discretion.