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discretionary fixed costs
Fixed Costs
Fixed costs are the costs of running a business that are not dependent upon the amount of output produced. Fixed costs are incurred irrespective of the volume of production and sales, and vary little with minor changes in sales volume. They are most common in industries with high capit......
1048 
Oliver
Harmonized Commodity Description and Coding System
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Goods Name and Code Coordinating System
Goods name and code coordinating system has become increasingly important for organizations as the need for short, easy-to-remember and universally accepted codes to represent goods has become a necessity of the globalized market. The purpose of a goods......
Customs Machine Tool Product Number Description
Customs Machinery Commodity Number Explanation
Customs machineries are tools and machinery that are designed to help perform vital functions and activities in the shipping, manufacturing, and storage industries. The primary use of customs machinery is to assist businesses with the import and expo......
personal check
Personal Checks
A personal check is a financial document used to make payments. It is issued by a bank account holder, and typically contains the account holder’s name, address, and signature. The payee is the individual or organization being paid.
When writing a personal check, the account hol......
Fermat's little law
The Birthday Paradox and the Pigeonhole Principle
The Birthday Paradox and the Pigeonhole Principle are two mathematical principles that are closely related. Both are related to statistics, probability, and combinatorics. The Birthday Paradox states that in a group of at least 23 randomly chosen ......
Fixed asset depreciation method
Depreciation of Fixed Assets
Fixed assets are assets that are expected to provide benefits over more than a single accounting period or to have lives exceeding one year. Examples of fixed assets include buildings, fixtures, furniture and equipment, and vehicles. Businesses use depreciation to all......
Hoffman's theorem
Huffmans coding theorem states that data compression can be achieved more efficiently through a variable-length code than through a fixed-length code, since variable-length codes allow for a more optimal assignment of longer codewords to symbols that occur more frequently. The theorem was first pu......
Nim number
The history of computing is full of milestones, and the Neumann number is one of the most important. Named after the Hungarian mathematician John von Neumann, the Neumann number is a measure of computer power and is based on the 32-bit computing architecture developed in 1945 by John von Neumann a......
double declining balance method
Double declining balance method
The double declining balance method is a type of accelerated depreciation. It is an accounting technique used to provide incentives for businesses to invest in fixed assets. In this method, the cost of an asset is written off over a shorter period of time than the ......
Customs declaration code table for tax exemption methods
Tax Exemption Sector Classification
Tax exemption sectors, such as agriculture, farming and manufacturing, are some of the most important parts of the global economy. These sectors produce goods and services that are essential for both our nation and the world. To ensure the efficient management ......
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