Examlex
Although the spell-check and grammar-check features of a word-processing program are very useful to check for errors in a document, careful editing requires more than that. Describe some steps you may take to improve your editing and the quality of your document.
Product Warranty Costs
Expenses incurred by a company due to repairing or replacing products that fail to perform satisfactorily within a given warranty period.
Operating Loss
A situation where a company's operating expenses exceed its revenues, indicating it is not making a profit from its core activities.
Income Tax Rate
The fraction of earnings subject to taxation for either individuals or corporations.
Current Income Tax Liability
The amount of income tax that a company is obligated to pay to tax authorities within the current year.
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