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Why is it that 18f lost ~10 million dollars a year, but the military does not lose 600,000 million dollars a year? Sounds like a double standard to me.
by justinsaccount 10y ago
Why is it that 18f lost ~10 million dollars a year, but the military does not lose 600,000 million dollars a year?
Sounds like a double standard to me.
- jldugger 10y agoBecause accounting math abhors double counting.
- Pyxl101 10y agoIt's about what an organization spent compared to their budget. It sounds like 18F was budgeted $0 since they were expecting to earn back their costs in revenue by charging other agencies for their services. Since they did not fully recoup their costs, they "lost money". If you budgeted the military $1 trillion and they spent $1.1 trillion, then they would also have lost money.