Examlex
Scheduling and sequencing methods used in manufacturing are more beneficial in low-contact, than high-contact, service processes.
Tax Depreciation
An accounting method that allows a taxpayer to allocate the cost of a tangible asset over its useful life, offering tax deductions over this period.
Taxable Income
The portion of income that is subject to taxation, after all deductions, exemptions, and adjustments.
Tax-exempt Bonds
Bonds issued by governmental entities that do not require the owners to pay taxes on the interest earned from these bonds.
Book Income
The income or loss reported by a business for financial reporting purposes, not necessarily reflective of the taxable income according to tax regulations.
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