Examlex
An advantage of outsourcing the application development process is that the organization may acquire technical skills and functional knowledge from the vendor.
Specific Assets And Liabilities
Items on a company's balance sheet that are clearly identified and quantified, including cash, inventory, debt, and equity.
Incorporated Business
A business entity that is legally recognized as separate from its owners, with its own rights and liabilities.
Proportionately Adjusted
Refers to the method of adjusting figures or data in financial statements to reflect the ownership interest accurately.
Joint Operation
A business activity in which two or more parties share control and management.
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