Libby/Libby/Hodge wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design. Financial Accounting 11e successfully implements a real-world, single focus company approach in every chapter. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of if a student has chosen to major in accounting. Libby/Libby/Hodge believes in the building-block approach to teaching transaction analysis. Most faculty agree that mastery of the accounting cycle is critical to success in financial accounting, and yet most financial texts introduce and develop transaction analysis in one chapter, bombarding a student early in the course with an overload of new concepts and terms. The authors slow down the introduction of transactions, giving students time to practice and gain mastery. This building-block approach leads to greater student success in their study of later topics in financial accounting such as adjusting entries.

Testing and Evaluating are key to the successful development of an acquisition program. Operational Testing during the development phases of the acquisition process is the most difficult to accomplish. This is so because it requires that a system be nearly complete before you can conduct testing. Computer Modeling and Simulation of a proposed program is one way to achieve early operational test requirements. In this project, I will show how modeling and simulations support test and evaluation. At the conclusion of this paper, I will have given the reader the following: 1) an explanation of how similar programs can benefit from modeling and simulation, 2) an explanation of the current methods of validating models, 3) a discussion on why we should standardize validation methods, and 4) an explanation of how to standardize validation methods.