Examlex
A focus group can provide a good sample representation if the participants are carefully recruited.
365-Day Year
A term referring to the normal count of days in a calendar year, not including leap years which have 366 days.
Quarterly Payroll
The total amount of wages paid by a business to its employees in a three-month period.
Ordinary Simple Interest
A method of calculating the interest charge on a loan based on the principal amount, interest rate, and time.
360-Day Year
Refers to an accounting simplification where a year is assumed to have 360 days instead of 365 or 366, commonly used in financial calculations.
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