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Companies compute the vested benefit obligation using only vested benefits, at current salary levels.
Software Package
A collection of software programs and documentation related to a specific application or utility for distribution.
Scope Creep
The process by which a project's requirements increase over its lifecycle, typically leading to delays and cost overruns.
Prewritten Application
Software or program that is developed for sale or distribution to multiple users, designed to perform specific tasks or functions.
Prewritten Applications
Software products that are developed and available for sale to the general public without the need for customization.
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