Re: no # oct 23 kee (506 Views)
Date: November 12, 2003 01:23PM
>Aside from being dangerous to the financial health of your customers, this greatly increases the chance of making mistakes in the future, since figures are made using previous figures.<
Agreed.
One possible method of dealing with that is to somehow highlight the figure as "suspect/best guess". That is how it is handled by one figure service I am familiar with.
Whenever I see any figure in "bold type" I know to take it with a grain of salt and the figure maker knows to not put much or any weight on it for future projections.
I guess you could argue either way which is better, but I prefer having the "best guess". I never bet "on" the "best guess figure", but I might avoid betting against it.
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