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When One Person Controls the Management Information Including the Financial

Tuesday, April 15 2008

 

There is always some concern about having a single person control the management information including the finances. It is not a uncommon situation in a construction firm especially a small one.Preventive and cautionary measures should be taken by the owner. Some close controls are prudent including using Benford's law as a practical double check. This is a first digit law although using the last digit is more applicable to construction.

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