A financial term that describes the process of laundering money across a project's total price in an attempt to hide expensive single components (refer Pink Elephant). Which, as a result of its own complexity, makes each individual component impossible for the 'spray and wiper' to either justify or explain. See also 'Poofter Chook' for a description of the outcome.
Hey Company Accountant, the price of those engineers is way to high. You'll have to Spray and Wipe their wraps.
Customer: Why is the price of that equipment so high this year compared to next year?
Contractor: Ah it must be because, umm, I'll have to get back to you..... This is a classic Poofter Chook outcome of the Spray and Wipe.
Customer: Why is the price of that equipment so high this year compared to next year?
Contractor: Ah it must be because, umm, I'll have to get back to you..... This is a classic Poofter Chook outcome of the Spray and Wipe.
by Singapore Frosty July 1, 2010
A financial term that describes the process of laundering money across a project's total price in an attempt to hide expensive single components (refer Pink Elephant). Which, as a result of its own complexity, makes each individual component impossible for the 'spray and wiper' to either justify or explain. See also Poofter Chook for a description of the outcome.
Hey Gabe, the price of those engineers is way too high! You'll have to Spray and Wipe their wraps.
Customer: Why is the price of that equipment so high this year compared to next year?
Contractor: Ah it must be because, umm, I'll have to get back to you..... This is a classic Poofter Chook outcome of the Spray and Wipe.
Customer: Why is the price of that equipment so high this year compared to next year?
Contractor: Ah it must be because, umm, I'll have to get back to you..... This is a classic Poofter Chook outcome of the Spray and Wipe.
by Singapore Frosty July 5, 2010
A financial term that describes the process of laundering money across a project's total price in an attempt to hide expensive single components (refer Pink Elephant). Which, as a result of its own complexity, makes each individual component impossible for the 'spray and wiper' to either justify or explain. See also Poofter Chook for a description of the outcome.
Hey Gabe, the price of those engineers is way too high! You'll have to Spray and Wipe their wraps.
Customer: Why is the price of that equipment so high this year compared to next year?
Contractor: Ah it must be because, umm, I'll have to get back to you..... This is a classic Poofter Chook outcome of the Spray and Wipe.
Customer: Why is the price of that equipment so high this year compared to next year?
Contractor: Ah it must be because, umm, I'll have to get back to you..... This is a classic Poofter Chook outcome of the Spray and Wipe.
by Singapore Frosty July 5, 2010
by AlphaDelta February 17, 2015