How do you estimate an expense you have not yet incurred? How accurate do you need to be? Is an estimate the same thing as a guess? These questions lie at the root of another disagreement between Ethel and Andrew. Andrew thinks estimates can, and should, be adjusted, to increase the apparent net income of one of CanGo's divisions. Ethel disagrees. Who's right? Why?
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How do you estimate an expense you have not yet incurred? How accurate do you need to be? Is an estimate the same thing as a guess? These questions lie at the root of another disagreement between Ethel and Andrew. Andrew thinks estimates can, and should, be adjusted, to increase the apparent net income of one of CanGo's divisions. Ethel disagrees. Who's right? Why?
