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Slight correction: "To an accountant, a drop in costs is MORE valuable to the business as a rise in revenue." This is because an increase in revenue of 1M does
by fred_is_fred 6y ago
Slight correction: "To an accountant, a drop in costs is MORE valuable to the business as a rise in revenue." This is because an increase in revenue of 1M does not increase profits by 1M, but a cost cut of 1M can.