Examlex
The waterfall methodology of software development consists of two stages: Baseline and Customization.
Salaries
Regular payments made to employees for their service during a set period, not depending on hours worked.
Partnership
A legitimate business setup where two or more individuals collaborate in managing the business and dividing its profits.
LLP
Stands for Limited Liability Partnership, a type of partnership where some or all partners have limited liabilities, blending elements of partnerships and corporations.
Net Income
Profit after deduction of all operational, interest, and tax expenses.
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