- 29 - Dr. Bates determined that the accounting system utilized by Florida Choice produced, in the aggregate, a net underestimate for the years 1984 through 1988 of 3.9 percent of sales-based taxable year shrinkage and 2.9 percent of time-based taxable year shrinkage. He determined that respondent's method produced a net underestimate of 6.1 percent of sales-based taxable year shrinkage and 5.2 percent of time-based taxable year shrinkage. Dr. Bates determined that the maximum error under respondent’s method was 20.2 percent of sales-based taxable year shrinkage and 20.5 percent of time-based taxable year shrinkage (compared to 12.3 percent and 14.0 percent, respectively, under the system utilized by Florida Choice). He concludes that respondent’s method is less accurate than that used by Florida Choice. Dr. Bates determined that the accounting system utilized by Superx produced, in the aggregate, a net underestimate for the years 1983 through 1985 of 4.7 percent of sales-based taxable year shrinkage and 4.5 percent of time-based taxable year shrinkage. He determined that respondent's method produced a net underestimate of 7.1 percent of sales-based taxable year shrinkage and 6.8 percent of time-based taxable year shrinkage. Dr. Bates determined that the maximum error under respondent’s method was 9.4 percent of sales-based taxable year shrinkage and 9.8 percent of time-based taxable year shrinkage (compared to 6.1 percent and 5.4 percent, respectively, under the system utilizedPage: Previous 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 Next
Last modified: May 25, 2011