Notional Profit = Value of work certified-(cost of work to date-cost of work uncertified)
Here is a sentence with the word notional, "Most of the ideas the government has are notional and not practical." This means that they only exist in theory.
Notional amount is the amount which is calculated on the underlying asset for ex: s&p index offering contract @ 250 units trading with price of 1000, than its actual notional value is 250*1000 = 250,000. which is notional amount
Depreciation is called a notional cost because it cannot be measured in real terms.
Notional promotion does not involve monetary benefit.
Direct methodology varies greatly from functional- Notional aproach,What are those differences?
yes, its implied cost.
What is meaning of nosnal
When a small amount of invested monies control or can potentially destroy large amount of assets. It is considered notional net sales.
The Star-Spangled Banner.
Workers Compensation act of 1923 is the answer. That was the doctrine of the notional extension and the spirit behind this provision.
Expected amount of margin made on product.