Examlex
Taxable income (TI)is computed after subtracting from adjusted gross income (AGI),the standard deduction or itemized deductions and personal and dependency exemptions.
Successor
An entity or individual that follows or comes after another in a specific role, position, or sequence.
Pessimistic Time
The “worst” activity time that could be expected in a PERT network.
Unfavorable Conditions
Circumstances or situations that are detrimental to the success, operation, or performance of a process, project, or activity.
Activity Variance
The difference between budgeted and actual cost or time spent on a particular activity, highlighting variances in performance.
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