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Figure 12-1
-Given the network shown in Figure 12-1, assume that completion of B is delayed by two days. What happens to the project?
Deductions
Amounts subtracted from gross income or revenue to determine taxable income, which can include expenses, allowances, and exemptions.
Contingent Liabilities
Liabilities that could arise based on the result of an upcoming event.
Future Event
An occurrence or situation that has not yet happened but is expected or likely to occur.
Withholding Allowances
Exemptions claimed by employees to reduce the amount of income tax withheld from their paychecks.
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