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Bonds with relatively low risk of default are called ________ securities and have a rating of Baa (or BBB) and above;bonds with ratings below Baa (or BBB) have a higher default risk and are called ________.
Employee Manuals
Documents that outline a company's policies, procedures, and expectations for its employees.
Zero-based Budget
A budgeting method where all expenses must be justified for each new period, starting from a "zero base," rather than just adjusting previous budgets.
Project Schedule
A timeline that outlines the planned start and finish dates of various tasks or activities within a project.
Over Budget
A situation where the actual spending exceeds the planned or allocated budget for a project or operation.
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