Examlex
Microsoft Access is considered a "personal database" product.What is a personal database?
Labor Savings
A reduction in the amount of labor required or a decrease in labor costs, often as a result of improved efficiency or automation.
Useful Life
The estimated period over which an asset is expected to be used before it is fully depreciated.
Profitability Index
A ratio that compares the present value of future cash flows of a project to its initial investment, used to assess the desirability of projects.
Investment Proposals
Plans or suggestions put forward for consideration, primarily for the purpose of making investments.
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