Examlex
An imprest system is a way to account for petty cash by maintaining a constant balance in the petty cash account, supported by the fund, cash plus payment tickets, totaling the same amount.
Optimal Amount
The most desirable quantity that maximizes efficiency or benefits based on available resources and constraints.
Expand R&D
The process of investing more resources into Research and Development to innovate and improve products or services.
Expected Rate Of Return
The anticipated profit or loss on an investment, expressed as a percentage of the investment's original cost.
Perfectly Elastic
Describes a situation in market demand or supply where the quantity demanded or supplied changes infinitely in response to any change in price.
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