"Lots More Money To Count"
"Lots more money to count" (In Business This Week, Jan. 10) included some inaccuracies. Microsoft Corp.'s revenue-recognition policy, begun by former Chief Financial Officer Mike Brown, recognizes a portion of the revenues of some products in quarterly increments over periods extending as long as three years. The accounting method is required by generally accepted accounting principles. Although Microsoft sets the percentage and the time span, it does not alter the recognition schedule once set. It is not a rainy-day fund.
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