karl has decided to retain a management reserve on a r400 000 project that includes a r60 000…

karl has decided to retain a management reserve on a r400 000 project that includes a r60 000…

karl has decided to retain a management reserve on a r400 000 project that includes a r60 000 profit should karl book the management reserve as axcess profits 9i.e r100 000), or should he just book the target profit of r60 000 and let the functional managers “sandbag” on the slush fund until it is depleted?

karl has decided to retain a management reserve on a r400 000 project that includes a r60 000…

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