A Pedagogical Analysis of Alternative Tax Elections for Exploration Costs in the Mining Industry

Authors

  • Bob G. Kilpatrick
  • Larry E. Watkins

Abstract

Students and faculty typically prefer to deal with situational problems that are easily related to real world settings. This appears to be even more pronounced in upper division and professional graduate programs. This paper provides complex and environ- mentally realistic decision models for use in corporate taxation or extractive industries accounting courses. The models can provide the student with an appreciation for decision making with a significant number of variables, most of which are beyond the control of management, and under uncertainty. The decision models are suitable for analysis using Lotus 1-2-3, Multiplan, Interactive Financial Planning System (IFPS), other comparable softwares, or manual manipulation.

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Published

1986-03-09