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Why Is the Eclipse Year Shorter Than 365.25 Days

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Why is the eclipse year shorter than 365.25 days


Definitions:

Cost-Estimation

The process of forecasting the costs associated with a particular activity, project, or product, using historical data, statistical methods, and expert judgment.

Step-Fixed Costs

Costs that remain constant for a certain level of activity, but can change to a different amount when a certain threshold is exceeded.

Relevant Range

The scope of activity within which the assumptions about fixed and variable cost behavior hold true.

Relevant Range

The scope of activity levels within which assumptions about variable and fixed cost behaviors hold true for management decision-making.

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