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Old 07-08-2018, 04:38 PM   #5
Orcin
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Join Date: Aug 2010
Location: Indiana
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Quote:
Originally Posted by MrMoose View Post
Seems that the OOTP financial model violates basic Accounting 101 principles: Cash IS an asset and is typically acquired via revenue streams. As such, and being a liquid asset, it should be available for use against any expenses, current or future, as I so choose!

Accounting rules say nothing about how an asset is to be used. They define how an asset is to be classified on the balance sheet. The use is determined by management. In OOTP, management is the owner, not the General Manager.
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