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Railway Organization and Working; A Series of Lectures Delivered Before the Railway Classes of the University of Chicago

Railway Organization and Working; A Series of Lectures Delivered Before the Railway Classes of the University of Chicago


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1906 Excerpt: ... THE AUDITOR OF EXPENDITURES HARRY M. SLOAN, AUDITOR OF DISBURSEMENTS, CHICAGO, ROCK ISLAND & PACIFIC RAILWAY Before looking into the methods to be pursued in accounting for the expenditures of a railway property, it may be well to arrive at a thorough understanding of just what the word "expenditures" means. While my subject has been outlined as dealing with the "Auditor of Expenditures," the term selected is not now so generally used in railway parlance as is the term "Auditor of Disbursements." Webster's Unabridged Dictionary defines the first term--viz., "expenditures"--as follows: "the act of expending; a laying-out, as of money; disbursements;" and the verb "expend" is denned: "to lay out, apply, or employ in any way; to consume by use; to use up or distribute, either in payments or in donations; to employ; to dissipate; to waste." The term "disburse" is denned: "to pay out or expend;" and "disbursement," as "the act of disbursing or paying out." From this it will be seen that it is largely a matter of personal taste whether the term "disbursement" or "expenditure" is used. Some people are unkind and nnthoughtful enough to apply to us the appellation "auditor of disturbances;" and, if the truth must be told, some railway employees and officials are so averse to having an account audited that bears their approval that the auditor must at times' take such drastic steps to secure enough information to enable him to pass the paper for payment that he becomes a disturbing1 element, at least to the employee under investigation; hence the title "auditor of disturbances." In my limited experience as an auditor I have also been addressed, by one of the coalwharf foremen on the line of our road, in a Western Union message regarding the whereabouts of certain mon...


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Product Details
  • ISBN-13: 9781151234384
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 124
  • Spine Width: 7 mm
  • Width: 189 mm
  • ISBN-10: 1151234389
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 236 gr


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