4 ms·
Having your books off by a few percent is indeed quite common. However, missing 20% on your primary source of income is not the norm. If a company would report
by kvdveer 3y ago
Having your books off by a few percent is indeed quite common. However, missing 20% on your primary source of income is not the norm. If a company would report that nowadays, it would trigger a money laundering investigation.
- TuringNYC 3y agoI'll bet they baselined 20% and started comparing it to the previous month or previous year. After many years, they probably established norms that accounted for this 20% loss unknowingly.
- whycome 3y agoWas the cash box here the primary source of income??
- Scoundreller 3y agoProbably not: their (1?) LRT line was just 1 chunk of their transit system, and systems generally have a weekly/monthly/student pass to uhhh, reward their heaviest users.
- whycome 3y agoAnd govt funding is probably a major chunk of the income as well (if it can be considered income and not just part of budget)