A project schedue thats fixed. The performance and progress are compared to this ideal schedule. Change adds or takes time off the schedule and a new baseline is needed.
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BASELINE STUDY
When a scenario is analyzed and the start point is identified.
BASELINING
When all parties in a project agree to the description and execute it accordingly.
BASIC
It stands for beginners all purpose symbolic instruction code. It makes it easy for a user to interact with a program. Microsoft turned this into DOS and visual basic programs. […]
BASIC ACCOUNTING EQUATION
How income, expenses, and ownership are related in a company. Idealy income should cover expenses with extra left over.
BASIC BENEFITS
The least insurance that is given in insurance. AKA basic hospital plan .
BASIC COVERAGE LIMIT
The least coverage insurance policies can be written for. The company legislation specifies the amount.
BASIC EARNINGS PER SHARE (EPS)
How a company is doint based on net earings and outstanding shares . AKA earnings per share or EPS. Refer to diluted earnings per share or EBITDA.
BASIC EARNINGS POWER
The ration that tells how profitable an asset will be to the firm. This is compared to other firms with different leverage.
BASIC FINANCIAL STATEMENTS
A report made the way the GAAP dictates it should be. It is used to evaluate operations. This can be a balance sheet , income statement, or cashflow statement.
BASIC FORM RATES
The rates that are charged based on the commercial rates of group I and II combined.
BASIC GOOD
Something bought for what it is used to make.
BASIC HOSPITAL PLAN
The least benefits an insurance policy can give. AKA basic benefits .
BASIC INDUSTRY
An industry that exports all or most of its products. This creates income and spending power in their country. If something changes in this area it changes the whole market […]
BASIC INPUT OUTPUT SYSTEM (BIOS)
A short program in read only memory on an IBM PC. It is responsible for startup and hardware.
BASIC LIMIT
The least a liability policy will be written for.
BASIC LIMITS OF LIABILITY
The least liability policy is written for based on published rates and the law.
BASIC MORTALITY TABLE
A list of death ages in a population. There are no adjustments for probability .
BASIC ORDERING AGREEMENT
A contract between buyer and seller. It lists the terms for the period, prices, and special instructions.
BASIC OXYGEN PROCESS
Steel making method that gets rid of impurities using blown oxygen at high pressure. Scrap is now usable after this process.
BASIC PATENT
the patent in a new field that is often of great importance and is recognised by the scientific community.
BASIC PREMIUM
The part of premium used for administrative and agents costs.
BASIC RESEARCH
Any investigation on a subject to understand it and make a specific outcome.
BASIC STOCK
The inventory maintained to meet sales and use. Order lead time is taken into account in this instance.
BASIC TIME FRAME
The time frame when loss occurs in life insurance .