Examlex
The terms central location or central tendency refer to the way quantitative data tend to cluster around some middle or central value.
Assets
Resources owned by a person or business that have economic value or expected future benefit.
Liabilities
Financial obligations or debts owed by a person or company to others.
Taxation Principle
The guidelines governing how taxes should be levied on individuals and businesses in a fair and efficient manner.
Tax Revenue
The income that is gained by governments through taxation from individuals and businesses.
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