Examlex
When stock is sold after the date of declaration but before the record date, the buyer must recognize as income the dividend declared.
Tenant-Days
A metric used in the property management industry, representing the total number of days all tenants occupy a space.
Flexible Budget
A financial strategy that evolves in line with shifts in activity intensity or operational volume.
Budgeting Formulas
Mathematical expressions or algorithms used to calculate various components of a budget, such as expenses, revenues, or profits.
Direct Materials
Raw materials that are directly traceable to the production process and are a part of the finished product.
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