What, if any, is the effect of having the INIT.CM file in different locations on my hard drive?
You may have an INIT.CM file in more than one directory if you have multiple Compu-Max cost reporting systems. Each INIT.CM file is customized for that particular cost reporting system, e.g., 2540-96, 2552-96, 1728-94, etc. The same file name, “INIT.CM”, is used for all Compu-Max systems. An INIT.CM file in an incorrect cost report system folder will result in errors.