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Once the Output of a Work Unit Has Been Identified

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Once the output of a work unit has been identified, it is important to specify the quality and quantity standards for these outputs.


Definitions:

Interest Rate

The fraction of a loan that is charged to the borrower in the form of interest, typically described as an annual percentage of the loan's remaining principle.

Asset

An item of value owned by a person or corporation, expected to provide future benefits or returns.

Geometric Series

A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.

Infinite

Without limit or end; extending beyond measure or comprehension.

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