If there is an over or short payment due to variances in decimal places of a billed payment versus the actual payment. What would probably be the treatment?
Will the company incur a profit or a loss? Would it be material?

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Originally Posted by revelated

If there is an over or short payment due to variances in decimal places of a billed payment versus the actual payment. what would probably be the treatment?
will the the company incur a profit or a loss? would it be material?

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How long is a piece of string? How large is the price? Apply some logic assume some numbers, measure the differences and decide how large the number must be to be material