OTHER INCOME Definition

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OTHER INCOME is income from activities that are not undertaken in the ordinary course of an entitys business.

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UNDERBUDGETED is a line item within a budget to where the budgeted amount is not sufficient to cover the actual amount.

RESEARCH & DEVELOPMENT (R&D) is research as a planned activity aimed at discovery of new knowledge with the hope of developing new or improved products and services. Development is the translation of the research findings into a plan or design of new or improved products and services.

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