Examlex
Managers do not need sales skills because they need to obtain information from clients,not communicate information to clients.
Recognized
Acknowledged or understood, often referring to income, gains, or losses for tax purposes.
Distribution
Withdrawals or payouts from investments, retirement accounts, or revenue from a business that may be taxable.
Current Cash Distribution
In investments, it refers to the actual cash distributed to investors or partners from the operations of a business, fund, or another form of investment.
Partnership Interest
An owner's share of the profits and losses, and rights and obligations, in a partnership.
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