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>> profit margin on MY TICKET The allocation of profits down to specific activities depends on the allocation of revenues and expenses amongst activities, and
by lucas_membrane 3y ago
>> profit margin on MY TICKET
The allocation of profits down to specific activities depends on the allocation of revenues and expenses amongst activities, and all such allocations are inherently arbitrary. They depend on the stories we tell.
- hef19898 3y agoI hope you don't work in accounting.
- lucas_membrane 3y agoI worked with accounting enough to know that it is unable to provide a proper analytical framework for social or economic problems. Or, as Lenin put it, "For practical work, we need to have figures ... But we will defer the verification of the accuracy of the figures, the estimated percentage errors, etc., to a later period.”