Examlex
The amount of a corporate distribution qualifying for capital recovery treatment which exceeds the shareholder- recipient's basis in the stock investment is treated as a capital gain.
Visual Workplace
A work environment where information about processes and standards is communicated through visual means to improve understanding and efficiency.
Normal Time
The amount of time that a task should take under normal working conditions, often used in time studies for setting standard times in manufacturing or work scheduling.
Average Observed Time
The mean time recorded across multiple observations or instances of a specific task or process.
Labour Standards
Regulations and criteria relating to the treatment, pay, and conditions of work for employees.
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