Examlex
Consider the term distributable net income as it is used with respect to the Federal income taxation of trusts and estates. How is this amount computed? Where is it used in computing the parties' taxable incomes?
Real Processes
The actual procedures and tasks carried out to accomplish a specific goal in an organization, distinct from theoretical or idealized procedures.
Walter Shewhart
A statistician known for his work in quality control and the development of the control chart technique.
Theoretical Random Distributions
Mathematical models that describe the probability of different outcomes in a random process, used in statistics to predict patterns.
Risk Analysis
The process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of undesirable events.
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