Question
Imagine you are comparing two companies, one with $1 million in assets and the other with $100,000 in assets. Both had common-size cash percentages of
Imagine you are comparing two companies, one with $1 million in assets and the other with $100,000 in assets. Both had common-size cash percentages of 15% in year 1 and 14% in year 2. Do you consider the two changes in account balance to be equivalent? Or do you regard the change for one company differently from the change for another?
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Auditing Employee Management
Authors: Kelli W. Vito, SPHR, CCP
1st Edition
0894137190, 9780894137198
