MONETARY Definition

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MONETARY is anything pertaining to or having to do with money, money creation, money supply, and the government management of money.

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BILLABLE HOURS is professional hours worked and billed to clients.

BIG BATH is a business strategy in which a company manipulates its income statement to make poor results look even worse. Strategy being that the following year will show significant improvement. Big bath is sometimes employed by new CEOs to make their first years results more impressive by employing big bath accounting to prior year results.

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