PROJECTED TOTAL LIFE COST
Accumulative sum of spending (cost) on a fixed asset over the span of its lifetime, including expenditure over the repair, maintenance, and caretaking of the fixed asset.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Accumulative sum of spending (cost) on a fixed asset over the span of its lifetime, including expenditure over the repair, maintenance, and caretaking of the fixed asset.
This ensures the correct transactions have been recorded according to directions given by the company into the journals or ledgers belonging to the company.
These are the set of accounts that shows the actual position of the company in relation to finances, assets, reserves and other items. It is not the budget account but an account
This is made when more than one policy covers one incident that requires payment of medical bills. These adjustments are made to a medical bill that is covered by more than one
This is the quantity of a natural resource such as coal, oil and gas that is able to be extracted from the wells and mines that are currently operating with the same
The science of sampling opinions that are held are by the general population. We call them opinion polls and they are everywhere you look when an election is iminent. It is from
The number of shares that are for sale to the public when a company enters the stock market. These shares do not include the number of shares that are held by the
This is a surety bond that is overseen by a principal. The company putting up the surety bond guarantees that this person will carry out their job by properly managing all of
The availabilty of an invention for use by the public. An application for a patent can be done unless the invention has been in use for more than a year. If it
A sum of money that is put into the economy, usually by the government to give a boost to a slow economy. The amount is usually relatively small and goes into public
Income that is received from the use of a resource. During this use, this product is not destroyed by consumers. The income bears no relation or response to the price of the
Same as a Ponzi scheme. One person recruits a person to a retail scheme then that person recruits people and son on and son until the first person has an increasing number
1. A privilegde, that if used properly, can protect its holder for failure to perform a certain act. 2. The defense in an act of defamation thatb it was made free from
A list of requirements that do not include strict measurements as yet. This data will be used before any actual measureme ts or dimensions are set down.
The activities of management that will create a quality control policy. A department will determine and manage all aspects of quality control to maintain quality and to continue to improve it.
A way of assessing the performance of a company through ratios. The ratios are from measurable factors available during the processing method.
A concept used in economics that states that the m oney supply willaffect the level of economy and the rate of inflation.
An agreement that is between two parties where one party will borrow money from the other. The agreement is that the money will be paid back in the future but there are
Frank Galton invented this in the 1890’s in the UK. A tool that is used to represent and to create a frequency distribution. It has boards and pegs through which they pass
An act that was passed by congress in 1970. It was established in order to increase the penalties that were imposed for acts of crime committed by organized crime such as the