SALES BUDGET is the expected sales in units and dollars. See OPERATING BUDGET.
INVESTMENT GRADE, in securities, is a high credit rating indicating bonds generally considered to have the strongest possibility of paying interest and repaying principal when due. Standard & Poor's Corporation considers investment grade bonds to be those it rates from AAA through BBB. Moody's considers investment grade to be from AAA to Baa3. Below investment grade bonds also are known as high yield or junk bonds. The NAIC designates investment grade bonds with the numerical rating of "I" or "2".
INTEGRATED TEST FACILITY is where a fictitious unit, e.g., an employee or department, is established to where sample transactions are posted to the dummy unit during the normal processing cycle. If test transactions are processed correctly that provides evidence that transactions of other units are processed correctly as well.
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