Examlex
The goal of SCM systems is to reduce friction along the supply chain.
Expense Deduction
An expenditure that is subtracted from gross income to reduce the amount of income that is subject to taxation.
Airfare
The cost or price of a ticket for travel by airplane.
Social Security Tax Rate
The tax rate applied to both employers and employees to fund the Social Security program.
Income Limit
The maximum amount of income that allows for eligibility for certain tax benefits or programs.
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