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What is a bidding system? How can it be made more effective?
Tenant-days
A metric used in real estate management to measure the total number of days a property is rented out to tenants over a specific period.
Net Operating Income
The profit a company generates from its normal business operations, excluding expenses and taxes.
Activity Variance
The difference between the budgeted amount for an activity and the actual amount spent.
Budgeting
The process of creating a plan to spend your money, outlining how much revenue a company anticipates receiving and how much it expects to spend over a specific period.
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