The end - of - the - year parties of Yirgalem, Inc., are known for their extravagance. Management provides the best food and entertainment to thank employees for their hard work.
During planning for this year's party, a disagreement broke out between the treasurer's staff and the controller's staff.
The treasurer's staff contended that the firm was running low on cash and might have trouble paying its bills over the coming months; they request that cuts be made to the budget for the party.
The controller's staff felt that any cuts were unwarranted as the firm continued to be very profitable. Can both sides be right? Explain your answer.