Examlex
Instructions: Explain/Define the following terms.
Indian Ocean Maritime System
Salary Allowances
Benefits or extra compensation provided to employees on top of their regular salary, often for specific purposes such as transportation, housing, or meals.
Original Investments
The initial capital outlay for an investment, not including any subsequent costs incurred or income earned from the investment.
Net Loss
The amount by which total expenses exceed total revenues in a business, indicating a financial loss over a specific period.
Salary Allowances
Pre-determined sums paid to employees above their regular salary to cover specific needs or expenses, such as travel or housing.
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