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Explain the 5-4-3 rule of networking.
Average Tax Rate
The ratio of the total amount of taxes paid by an individual or business to the total income or profit earned.
Fiscal Year
A twelve-month period used for accounting and financial reporting purposes, which may or may not align with the calendar year.
Unfunded Mandate
A statute or regulation that requires a state or local government to perform certain actions, with no money provided for fulfilling the requirements.
No Child Left Behind
A U.S. Act of 2001 aimed at closing the achievement gap with accountability, flexibility, and choice, so that no child is left behind in education.
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