Public Schools Should Attend Private School Benefit From...

Students who attend private school benefit from the exposure to extracurricular activities. A typical feature of private schools is the provision of special programs in the field of art, music , drama and sports. In 2002, Deasy, concluded that taking up any form of art improves conditional reasoning and spatial reasoning. It also aids in problem solving refines creativity in terms of spontaneity, originality, sequencing theory, ideas and results. The adoption of art has also been known to motivate the students to learn as engages the student and increases the attention span. The same study also showed that a student immersed in the performing arts like drama and music or fine arts like painting indicated a personal development in terms of increased self-confidence, collaboration, tolerance and conflict resolution. Private schools also have impressive athletic facilities and instruments for the music classes. Most public schools are not able to afford a drama class or violin class due to the lack of funding by the public. Devoiding a student of activities that help them balance an academic workload pushes them towards skipping school and being unenthusiastic of school work. Getting a child involved in any kind of art keeps them in school thereby increasing the attendance rate. Private schools encourage parent involvement as this enhances the child’s academic success by ensuring they are on the straight and narrow. While most parents are typically involved in the day to dayShow MoreRelated Private Schools vs. Public Schools Essay617 Words   |  3 Pagespossible school for their child in preparation for college. Many believe the most opportune way for their child to succeed in studies is by attending a private school. On the other hand, another group of parents thinks that public schools are the better route. Nevertheless, public schools have been proven to be more successful in the education of a maturing child. Students who attend public schools are faced with many different challenges that differ in comparison to a private school studentRead MoreChildren Of The School Age1599 Words   |  7 PagesEvery child of school age, 5-18 years, in the United States, is required to be in an educational program. Making decisions for one’s self or for the wellbeing of another may require good common sense, research and knowledge in order to settle on what is best. One important decision that most people will have to make for themselves or another is about learning. Knowledge, behaviors, skills, values and preferences are all associated with learning and may be acquired through education. In ourRead More Home-Schooling Essay1333 Words   |  6 Pageshome-schooled instead of attending a public school. Imagine how nice it would be to have school right in your own home. It was stated that in the year 2001, over two million children were home- schooled in the United States (#1 Home Schooli ng Information and Software, 2003). This number continues to increase each year. Some believe home-schooling gives a child more attention and ensures a more intimate and personal environment which may in turn lead to a better education. Others, however, believe those whoRead MorePrivate Or Public School?1321 Words   |  6 Pages Private or Public School? Adrianna N. Pillow Professor SooHoo-Hui February 15, 2015 California Baptist University â€Æ' Abstract In today’s society, receiving a good education has become of the utter most importance. The real choice that is being faced now is what type of schooling program kids should be sent to. Should it be private school, with smaller class sizes or public school, where the massive attendance count tends to make kids learning last on the lists of priorities? The obvious choiceRead MoreHomeschooling vs. Public School Essay1409 Words   |  6 PagesHomeschooling vs. Public School Homeschooling vs. public school has been a public debate for quite a while now. Some parents choose homeschooling because of the protection their child gains and some choose public education because of the atmosphere. Most would claim that public schools aren’t teaching, less trying to create a religious fringe. However; both provide your child education but there are many advantages and disadvantages for both. When a child is homeschooledRead MoreHome Schooling Education998 Words   |  4 PagesHomeschooling is the education of children at home, usually taught by a parent or tutor, rather than in public or private school. Homeschooling is an option for families living in isolated rural locations, living temporarily abroad, or families who travel often. This method of education is growing around the world. Homeschools use different educational methods such as: Unit Studies, All-in-One Curricula, Natural Learning, and Autonomous Learning. In the Unit Studies method multiple subjects areRead MoreShould College Tuition Be Free? America? Essay1267 Words   |  6 Pages Why should college tuition be free in America? The majority of students who graduate leave their alma mater with two things: a degree and a large sum of debt. The current student debt in America is 1.2 trillion dollars. Graduate students account for nearly 40 percent of this debt. From 1985 to 2007 the amount of student debt increased by 7.9 percent. In 1994 the average student borrowed eleven thousand dollars for school. By 2014, however, that figure had increased to thirty-five thousand dollarsRead MoreLegacy Admission Should Not Be Allowed Since World War I1477 Words   |  6 Pageshas raised the concerns for lower class families who did not attend good universities and their children wanted to attend but ended up not getting admission. In 2003, Senator Edward Kennedy sought legislation to compel colleges to make public their data on legacy admissions. It didn’t pass due to higher education’s powerful lobbying. Legacy admission should not be allowed since it promot es discrimination, lowers academic competition, should not affect alumni donating to their universities and as wellRead MoreAmerica Should Not Be Allowed Since World War I1525 Words   |  7 Pageshas raised the concerns for lower class families who did not attend good universities and their children wanted to attend but ended up not getting admission. In 2003, Senator Edward Kennedy sought legislation to compel colleges to make public their data on legacy admissions. It didn’t pass due to higher education’s powerful lobbying. Legacy admission should not be allowed since it promotes discrimination, lowers academic competition, should not affect alumni donating to their universities and as wellRead MoreThe Pros and Cons to Physical Education Essay1662 Words   |  7 Pageswhile others may remember it as the most exciting time of the day. Either way, physical education was required. Today, however, the necessity of physical education classes is up for debate. Parents , faculty, council members, and even the government are weighing the pros and cons of allowing physical education in school. I believe that even though the funding being used to pay for equipment and gymnasiums could be better spent on books and materials for other classes, physical education should stay

Carbon Footprint Essay - 702 Words

Carbon Foot Print Assignment Reduce Food and Product Carbon Footprint It is estimated that 13% of the United States greenhouse gas emissions are a direct result of the production and transportation of food. Transporting these foods and manufactured products requires petroleum-based fuels, and many fertilizers are fossil fuel-based. Eat less beef and dairy based products, raising cows require a lot of resources. Finding an alternative to lamb and beef would dramatically reduce the carbon footprint as factory-farmed animals generate 500 million tons of manures a year, which creates 5.1% of the greenhouse gases. Less flight hours Flying less, will decrease the amount of fuel and greenhouse gases produced by flying. Economy class is the†¦show more content†¦Producing energy for homes cause 9.9% of greenhouse gases, this majorly impacts greenhouse gases as this could easily be reduced. Deforestation Deforestation releases some of the most carbon emissions. This is because when trees are felled they release the carbon that they are story into the atmosphere, where it mixes with greenhouse gases from other sources and takes part in global warming. The deforestations industry is the cause for 18.3% of greenhouse gas emissions. Any realistic plan to reduce global warming pollution sufficiently and in time to avoid dangerous consequences must rely in part on preserving tropical forests. Have Less Children Having less children will drastically reduce the greenhouse gasses produced. Statistics from the UK Government show that the average person will produce 10 tonnes of C02. By reducing the number of children per family, we are removing a lifetime of carbon production. This would dramatically reduce the amount of carbon produced. Global warming is the direct result of the industrial revolution, the les children families have on average would reduce the carbon footprint and would slow global warming. Industry The Industry produces the raw materials and goods we use almost every day. Direct emissions are from produce or burning fuel for power or heat, through chemical reactions, the most direct emissions are caused by the consumption of fossils fuels for energy. A small amount of C02 emissions come from leaks from naturalShow MoreRelatedReducing the Carbon Footprint Essay example885 Words   |  4 PagesBecause carbon footprints are such hot topics in the news these days, its an ideal topic for this particular paper. As concerns about global warming and potential climate change have continued to evolve the term carbon footprint has become ingrained in many peoples consciousness. Though the large Fortune 500 companies focus on reduction of their own carbon footprints, individuals can help in their own small way as well. But what is a carbon footprint? Basically, carbon footprints are definedRead MoreEssay on Carbon Footprint of Coca-Cola Company1402 Words   |  6 PagesIndustrial Revolution thus contributing increases in average global temperature. Thus, numerous organizations and individuals have taken action to reduce their carbon footprints in order to lessen their impact on the environment. Coca–Cola, the ever-popular, soft-drink corporation is one of these organizations that is taking action to curtail its carbon dioxide emissions in order to create a greener reputation. One of the ways in which it is attempting to accomplish this goal is through the acquisition ofRead MoreMy Carbon Footprint647 Words   |  3 Pages My Carbon Footprint This essay reviews my personal carbon footprint and discusses ways to manage it and reduce some of the biggest areas of my resource consumption. The footprint calculator that I used required that I answer a series of questions about my consumption habits, and based on the answers I provided, showed the impact of my lifestyle on the planet. The footprint calculator uses data for selected countries, based on National Footprint Accounts. The online calculator asked questionsRead MoreThe Effect Everyones Carbon Footprint Is Having On The1344 Words   |  6 PagesThe effect everyones carbon footprint is having on the environment Carbon footprint is the measure of the amount of plant resources you use. The more your carbon footprint goes up, the more effect it has on the environment. Everyday people are doing actives that are producing greenhouse gas emissions. If one sees their greenhouse gas emission going up, that means that there will be an increase in climate change which will then lead to global warming. Your carbon footprint has a huge effect on notRead MoreThe Effects Of Climate Change On The Environment1376 Words   |  6 Pages1.0 Introduction The development of society and economy has caused varieties of environmental problems in the past decades. Carbon dioxide (CO2), the most common greenhouse gases has caused a great impact on climate change, and to reduce the emission of CO2 becomes a worldwide agenda. (Christopher R.I, 2013) While, Buildings, taking up third of the total UK greenhouse gas emissions (CCC, 2014http://www.theccc.org.uk/charts-data/ukemissions-by-sector/buildings/), have a great potential to reduce theRead MoreWhy Bother? Response Essay1468 Words   |  6 PagesWhy Bother? Response Essay Reading someone else’s essay about any certain subject can provide an interesting perspective about said topic or work being submitted. Yet, some can be very convincing. In the motivational essay, â€Å"Why Bother?† written by Michael Pollan, asks the question, â€Å"why bother?† Now, the reader may think that the essay might be talking about how doing something of their choice might just be a complete waste of time, but why judge a piece of writing by just the title? In this caseRead MoreA Crisis Of Character By Jody Williams1254 Words   |  6 Pagesordinary people with lives that go up and down and around in circles can still contribute to change.† In an excerpt from his essay â€Å"Why Bother?† published in the New York Times Magazine, American public intellectual Michael Pollan reveals his goal to convince ordinary American citizens that they are capable of changing their behavior in order to reduce America’s carbon footprint. Through t he use of the four rhetorical elements situation, purpose, claim, and audience, Pollan aspires to have his readersRead MoreUnit 1 the Business Environment P51733 Words   |  7 PagesUnit 1 Exploring Business Activity Assignment 3 P5 In this essay I will be describing how three external factors are impacting upon the business activities and stakeholders of John Lewis and Oxfam. The first of the three external factors I have chosen is the credit crunch. The credit crunch is a decline in the availability of loans or a tightening of conditions required to take out a loan from banks. It also means that there are reductions on the interest rates set up by banks for savingRead MoreSolutions to Eliminate the Threats of Global Warming1595 Words   |  6 Pagesuntil the spark of the Industrial Revolution. The burning of fossil fuels, which are essential to most forms of human power, releases carbon atoms into the air. (Bird, 1) Carbon atoms are dangerous because of their tendency to absorb the suns heat, rather than reflect the suns heat back into space. This absorption over time has several effects on Earth. This essay will discuss these impacts, as well as proposed solutions toward curbing and finally eliminating the threat of global warming. The Problem Read MoreThe Effects Of Animal Agriculture On The Environment Essay941 Words   |  4 Pagesglobal warming, it is also the leading cause of resource consumption and environmental degradation destroying the planet today.† (Andersen Kuhn, 2014). It is important, then, to consider the effects of animal agriculture on the environment. This essay will argue that animal agriculture is harmful to the environment in terms of greenhouse gas emissions, water- and land use, and that policies in the form of subsidizing plant foods, altering the Canada Food Guide, and creating plant based nutrition

The Discovery of Electronics Free Essays

The first practical application of electricity was the telegraph, invented by Samuel F. B. Morse in 1837. We will write a custom essay sample on The Discovery of Electronics or any similar topic only for you Order Now The need for electrical engineers was not felt until some 40 years later, upon the invention of the telephone (1876) by Alexander Graham Bell and of the incandescent lamp (1878) by Thomas A. Edison. These devices and Edison’s first central generating plant in New York City (1882) created a large demand for men trained to work with electricity. The discovery of the â€Å"Edison effect,† a flow of current through the vacuum of one of his lamps, was the first observation of current in space. Hendrick Antoon Lorentz of The Netherlands predicted the electron theory of electrical charge in 1895, and in 1897 J. J. Thomson of England showed that the Edison effect current was indeed caused by negatively charged particles (electrons). This led to the work of Guglielmo Marconi of Italy, Lee De Forest of the United States, and many others, which laid the foundations of radio engineering. In 1930 the term electronics was introduced to embrace radio and the industrial applications of electron tubes. Since 1947, when the transistor was invented by John Bardeen, William H. Brattain, and William B. Shockley, electronics engineering has been dominated by the applications of such solid-state electronic devices as the transistor, the semiconductor diode, and the integrated circuit. the branch of engineering concerned with the practical applications of electricity in all its forms, including those of the field of electronics. Electronics engineering is that branch of electrical engineering concerned with the uses of the electromagnetic spectrum and with the application of such electronic devices as integrated circuits, transistors, and vacuum tubes. In engineering practice, the distinction between electrical engineering and electronics is based on the comparative strength of the electric currents used. In this sense, electrical engineering is the branch dealing with â€Å"heavy current†-that is, electric light and power systems and apparatuses-whereas electronics engineering deals with such â€Å"light current† applications as wire and radio communication, the stored-program electronic computer, radar, and automatic control systems. The distinction between the fields has become less sharp with technical progress. For example, in the high-voltage transmission of electric power, large arrays of electronic devices are used to convert transmission-line current at power levels in the tens of megawatts. Moreover, in the regulation and control of interconnected power systems, electronic computers are used to compute requirements much more rapidly and accurately than is possible by manual methods Electrical phenomena attracted the attention of European thinkers as early as the 17th century. Beginning as a mathematically oriented science, the field has remained primarily in that form; mathematical predication often precedes laboratory demonstration. The most noteworthy pioneers include Ludwig Wilhelm Gilbert and Georg Simon Ohm of Germany, Hans Christian Orsted of Denmark, Andre-Marie Ampere of France, Alessandro Volta of Italy, Joseph Henry of the United States, and Michael Faraday of England. Electrical engineering may be said to have emerged as a discipline in 1864 when the Scottish physicist James Clerk Maxwell summarized the basic laws of electricity in mathematical form and predicted that radiation of electromagnetic energy would occur in a form that later became known as radio waves. In 1887 the German physicist Heinrich Hertz experimentally demonstrated the existence of radio waves. The first practical application of electricity was the telegraph, invented by Samuel F. B. Morse in 1837. The need for electrical engineers was not felt until some 40 years later, upon the invention of the telephone (1876) by Alexander Graham Bell and of the incandescent lamp (1878) by Thomas A. Edison. These devices and Edison’s first central generating plant in New York City (1882) created a large demand for men trained to work with electricity. The discovery of the â€Å"Edison effect,† a flow of current through the vacuum of one of his lamps, was the first observation of current in space. Hendrick Antoon Lorentz of The Netherlands predicted the electron theory of electrical charge in 1895, and in 1897 J. J. Thomson of England showed that the Edison effect current was indeed caused by negatively charged particles (electrons). This led to the work of Guglielmo Marconi of Italy, Lee De Forest of the United States, and many others, which laid the foundations of radio engineering. In 1930 the term electronics was introduced to embrace radio and the industrial applications of electron tubes. Since 1947, when the transistor was invented by John Bardeen, William H. Brattain, and William B. Shockley, electronics engineering has been dominated by the applications of such solid-state electronic devices as the transistor, the semiconductor diode, and the integrated circuit. The functions performed by electrical and electronics engineers include (1) basic research in physics, other sciences, and applied mathematics in order to extend knowledge applicable to the field of electronics, (2) applied research based on the findings of basic research and directed at discovering new applications and principles of operation, (3) development of new materials, devices, assemblies, and systems suitable for existing or proposed product lines, (4) design of devices, equipment, and systems for manufacture, (5) field-testing of equipment and systems, (6) establishment of quality control standards to be observed in manufacture, (7) supervision of manufacture and production testing, (8) postproduction assessment of performance, maintenance, and repair, and (9) engineering management, or the direction of research, development, engineering, manufacture, and marketing and sales. How to cite The Discovery of Electronics, Essay examples

Business for the Glory of God free essay sample

On both sides of the transaction, we can imitate God, and he will take pleasure in us when he sees us showing honesty, fairness, trustworthiness, kindness, wisdom and skill, and keeping our word regarding how much we promised to pay or what work we agreed to do† (Grudem, p. 32). Grudem also frequently refer to well know scriptures to make arguments. For an example Grudem writes â€Å"When God gave the command, ‘You shall not steal’ (Ex. 20:15), he affirmed the validity of personal ownership of possessions† (Grudem, p. 19). Not stealing is not affirming the validity of personal ownership possessions.The commandment against stealing only shows that possessions are owned by entities other than self, while it still does not validate personal ownership it also do not eliminate personal ownership of possessions either. Recommendation I have to say that, in the end, I would recommend this book to someone wanting to learn more, especially Christians and/or businesspeople wondering about business and the marketplace. We will write a custom essay sample on Business for the Glory of God or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They would do well to invest the short amount of time to read Business for the Glory of God. My only complaint is the size of the book.The book is really short and it seems like when he is just beginning to develop a thought, he needs to move on to the next topic. However, he lets the reader know that he is working on a larger edition saying in the preface, â€Å"The Bible says much about these topics, and a thorough treatment deserves a much larger book than this, on that I am still in the process of writing† (Grudem, p. 9). Therefore you should not expect this book to be a comprehensive coverage of the theology of business. This book very clearly provides an understanding as to how God uses businesses to minister to others in the marketplace. This book is also a terrific illustration of how Christians can worship God in everything they do. Grudem makes the case that this includes business too. Grudem bases his arguments on a handful of scriptural principles and demonstrates that these tools of capitalism are effective techniques to achieve those principles. If anyone has negative connotations when it comes to business and profit, this book will clarify the topics once and for all! References Grudem, Wayne (2003). Business for the Glory of God: The Bible’s Teaching on the Moral Goodness of Business. Wheaton: IL: Crossway.

The Effect of Common Household Drugs on Circulatory Function free essay sample

An experiment was conducted to observe the affects of household drugs on pulsation rate. Since pulsation rate is such a simple physiological system it will be easier to observe a change. Lumbriculus variegatus (blackworms) were used to observe there pulsation rate. Blackworms were used do to absence of a respiratory system; they also rely on diffusion for gas exchange. Blackworms don’t have a heart there vessels are what moves the blood back in forward. Each open and closing is a pulse. In the first part of the experiment concentration of drugs were used (caffeine and nicotine). The nicotine and caffeine solution will have an affect on pulsation rate. Since it is already known to have other physiological affects. The alternative hypothesis is that the solutions will have no affect on pulsation rate. The solutions had no affect on pulsation rate because of the negative change in rate of beats per minute (table 1. We will write a custom essay sample on The Effect of Common Household Drugs on Circulatory Function or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 1). The alternative hypothesis is supported by the data found in the experiment sample. However there is an error due to the sample size is not large enough to apply to the population of blackworms. Overall there were no significant in the changes of pulsation rates that would conclude that the drugs had an affect. As seen in part one of the experiment it was concluded that similar result would be found. The extract will have no real significant affect on the blackworms pulsation rate.

FAQ About Singapores Location and History

FAQ About Singapores Location and History Where is Singapore? Singapore is at the southern tip of the Malay Peninsula in Southeast Asia. It encompasses one main island, called Singapore Island or Pulau Ujong, and sixty-two smaller islands. Singapore is separated from Malaysia by the Straits of Johor, a narrow body of water. Two routes connect Singapore to Malaysia: the Johor-Singapore Causeway (completed in 1923), and the Malaysia-Singapore Second Link (opened in 1998). Singapore also shares maritime boundaries with Indonesia to the south and east. What is Singapore? Singapore, which is officially called the Republic of Singapore, is a city-state with over 3 million citizens. Although it covers only 710 square kilometers (274 square miles) in area, Singapore is a wealthy independent nation with a parliamentary form of government. Interestingly, when Singapore gained its independence from the British in 1963, it merged with neighboring Malaysia. Many observers both inside and outside of Singapore doubted that it would be a viable state on its own. However, the other states in the Malay Federation insisted on passing laws that favored ethnic Malay people over minority groups. Singapore, however, is majority Chinese with a Malay minority. As a result, race riots rocked Singapore in 1964, and the following year the Malaysian parliament expelled Singapore from the federation. Why Did the British Leave Singapore in 1963? Singapore was founded as a British colonial port in 1819; the British used it as a foothold in order to challenge Dutch domination of the Spice Islands (Indonesia). The British East India Company administered the island along with Penang and Malacca. Singapore became a Crown colony in 1867, when the British East India Company collapsed after the Indian Revolt. Singapore was separated bureaucratically from India and made into a directly-ruled British colony. This would continue until the Japanese seized Singapore in 1942, as part of their Southern Expansion drive during World War II.   The Battle of Singapore was one of the most grueling in that phase of the Second World War. After the war, Japan withdrew and returned control of Singapore to the British. However, Great Britain was impoverished, and much of London lay in ruins from German bombardment and rocket attacks. The British had few resources and not much interest to bestow on a small, far-off colony such as Singapore. On the island, a growing nationalist movement called for self-rule. Gradually, Singapore moved away from British rule. In 1955, Singapore became a nominally self-governing member of the British Commonwealth. By 1959, the local government controlled all internal matters except for security and policing; Britain also continued to run Singapores foreign policy. In 1963, Singapore merged with Malaysia and became completely independent from the British Empire. Why is Chewing Gum Banned in Singapore? In 1992, the government of Singapore banned chewing gum. This move was a reaction to littering - used gum left on sidewalks and under park benches, for example - as well as vandalism. Gum chewers occasionally stuck their gum on elevator buttons or on the sensors of commuter train doors, causing messes and malfunctions. Singapore has a uniquely strict government, as well as a reputation for being clean and green (eco-friendly). Therefore, the government simply banned all chewing gum. The ban was loosened slightly in 2004 when Singapore negotiated a free-trade agreement with the United States, allowing for tightly-controlled imports of nicotine gum to help smokers quit. However, the prohibition on ordinary chewing gum was reaffirmed in 2010. Those caught chewing gum receive a modest fine, equivalent to a littering fine. Anyone caught smuggling gum into Singapore can be sentenced to up to a year in jail and a $5,500 US fine. Contrary to rumor, nobody has been caned in Singapore for chewing or selling gum.

If accounting policies only determine how past transactions are Essay - 1

If accounting policies only determine how past transactions are recorded and reflected in financial reports, how can the choice - Essay Example Discussion In 1977, the Financial Accounting Standards Board proposed to change the accounting methods used in the oil industry from full costing (FC) to successful efforts (SE). The FSAB through the Exposure Draft received great opposition from oil companies because the change in accounting method could adversely reduce the market share price and earnings at the same time. From an analysis carried out, 64% of the oil companies will have their earnings decreasing by 5% or more and 74% of the companies surveyed could have a 5% or more decrease in the market share price if they changed the accounting method from full costing to successful efforts (Zeff, 1979). On average, it was established that the industry’s market share price and earnings decreased by 4.5% in three days after the release of the Exposure Draft (Lev, 1979). The financial accounting standards board put forward two method used to account for oil and gas exploration cost. These include the full costing method and the successful efforts method. The two methods differ in the way they treat exploration costs (Myers, 1979). Successful Efforts method Under this method, the costs are incurred in unsuccessful exploration are charged as current expenses and therefore not carried forward as assets. Under the SE method, costs are capitalized by collection if the costs directly end up in the development of proved reserves. Costs not resulting in proved reserves are expensed as are incurred or as a determination of verified reserves is made. Simply, within a cost group, wells that are explored and found dry are expensed and wells that are successfully explored and developed are capitalized (Lev, 1979). Full Costing Method The FC method, on the other hand, treats all costs that oil companies incurred in exploration oil and gas reserves as assets subject to a limitation that the total amount carried forward does not exceed the approximated value of the reserves, anywhere the well is located either within the country or across any continent (Lev, 1979). Under the full cost method, all charges of discovering and evolving wells are capitalized regardless of the fact that they are proven or not. After which, depletion is done using the units of production technique where the all the proven oil and gas reserves are taken into consideration (Myers, 1979). Fundamentally, all of the costs of developing gas and oil reserves, both successful and unsuccessful are depleted as output units which are recovered from the successful wells (Myers, 1979). This method is permitted by the Securities Exchange Commission but not favored by the FASB and is proposed as an inducement for the investigation of further oil and gas assets since charges related to failed exploration can be expensed over time rather than as incurred (Myers, 1979). The Securities Exchange Commission was in charge of regulating the oil industry as per the Energy Policy and Conservation Act of 1975. Shortly before this act, FASB had expressed interest of setting accounting standard to be used in the oil industry. For this reason, SEC relied on FASB for setting accounting standard for the oil industry. FASB then came up with the Exposure Draft the proposed to change the accounting method used in the industry (Lev, 1979). According to FASB, the full costing method was inappropriate as it did not reflect uniformity in the oil indust