What Is Scenario Writing

question 53

Short Answer

What is scenario writing?

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Definitions:

Net Income

The company's net income, calculated by subtracting all costs and taxes from its total earnings.

Original Capital Investment

The initial sum of money invested in a business venture, project, or asset, used to start or acquire the investment.

Salary Allowances

Additional benefits or compensations provided to employees on top of their regular salary, which may include housing, transport, or medical allowances.

Liquidation

The process of closing a business and distributing its assets to claimants, often done when a company is insolvent.