On Tue, 20 Apr 2010 13:48:26 -0400, "John Gilmer"
wrote:



There is a great tax inventive to UNDERCOUNT inventory. The effect is to
postpone profits until the next tax year. That's way companies tend to farm
out the process: they can show the tax people they made a good faith effort
to get an accurate count.

Are you saying that thee contractors tend to undercount?

Because they don't take the trouble to find everything?

Or the company knows they will undercount? Because that's an
unspoken, or unwritten, part of the deal?