[Info-vax] New VSI Roadmap (yipee!)

[David Froble]

lists at openmailbox.org wrote:
>> As for those worrying about absolute precision with currency, when the 
>> CEO of a distribution company wants to see the monthly bookings and 
>> billings, he may want to see it rounded to thousands, and most 
>> definitely not pennys.
> 
> Context, yay!
> 
>> All I did was two things, first mentioned that we have been very 
>> successful in using FP for currency
> 
> What that means is more than a little unclear judging from the universal
> response.
> 
>> For the first, isn't success itself a vindication?
> 
> There is a big difference in management reporting and financial reporting.
> The former can be approximate while the latter cannot. Without context, and
> in general, it's inappropriate to use floating point for money calculations.
> If you rounded things to thousands for management reports then that
> explains 40 years of success. Otherwise you might have been getting out
> right about now ;-)
> 
> 

Ok, I'll go out on a rather stout limb here and say "since we refined 
our practices, we have never been off one penny".

Out software is not used in places such as Italy ....