Examlex
One of the many advantages of a matrix organization is that the potential conflict between one's allegiance to their functional manager and their project manager is,by the structure of the matrix itself,eliminated.
Decimal Place
The position of a number to the right of a decimal point, indicating the precision or fractional part of the number.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing the ownership equity held by stockholders.
Fixed Assets
Long-term tangible assets used in the operation of a business and not expected to be converted to cash in the short term.
Long-term Liabilities
Obligations or debts due beyond one year or the normal operating cycle, including bonds payable, long-term leases, and pension liabilities.
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