Examlex
The cumulative percentage of completion is found by dividing the total costs incurred to date by the estimated total cost of the project.
TR
Total Revenue; the total receipts from sales of goods or services provided by a company before any deductions are made.
TVC
Total Variable Cost; the total of all costs that vary with the level of output produced by a company.
Economic Loss
A monetary reduction in income, net worth, or value of assets beyond normal expectations, often as a result of business activities or economic policies.
Price
The amount of money required to purchase a good or service, determined by factors such as supply and demand.
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