ENTITY BOUNDARY Definition

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ENTITY BOUNDARY is that which is legally included within or excluded from a defined entity.

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CASH RATIO is a refinement to the QUICK RATIO. It is the ratio of cash and marketable securities to current liabilities. The CASH RATIO indicates the extent to which liabilities could be liquidated immediately. Sometimes called LIQUIDITY RATIO.

COST CEILING, in project management, is the sum of the Project Cost Target plus the projects Contingencies cost allowances.

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