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True up period is the period within which the charges and costs involved in an agreement are revised after the commencement of the contract. For instance, within 30 days after the commencement date the parties will agree on a revised charges workbook based on a revised sites and services list.
Basically, at the negotiations stage parties tentative decide on the costs and charges that will be incurred in the execution of their obligations under the contract. However, it is only after the negotiations are complete that they know exactly what is the scope of the services/goods and the area where the services/goods are to be provided and accordingly, they revise the charges for the same based on the final costs that will be involved in carrying out the obligations in the agreement.
What else can I help you with?
What is a banck?
A bancke is an obsolete term for a bank - a financial institution.
Do financial reporting and financial statement mean the same thing?
"Do the term financial reporting and financial statement mean the same thing?"
What are the benefits of incorporating snowball financial planning into your long-term financial strategy?
Incorporating snowball financial planning into your long-term financial strategy can help you pay off debt faster, stay motivated, and build momentum towards achieving your financial goals.
Is get out a verb?
The term get-out (hyphenated) is a noun, a financial term, and a slang term. Otherwise get is a verb, and out is an adverb.
What does the term financial leverage mean?
The term financial leverage means a way to calculate gains and losses. Normal ways of getting financial leverage is to borrow money or by buying fixed assets.
What is the financial term for the opposite of deficit?
Surplus.
What are financial services?
These are the main financial services:Providing Long, Medium and short term loansProviding financial information of the particular field
Long Term Financial Planning?
form_title=Long Term Financial Planning form_header=Make a plan for long term financial success with the help of a professional financial advisor. Have you ever consulted a financial advisor?*= () Yes () No Where is your money currently invested?*= _Please Explain[50] How much do you currently have saved?*= _Enter Amount[50] Are you currently in debt?*= () Yes () No
What is the meaning of financial entity?
A financial entity is a legal/financial term. It refers to a legally created person as opposed to a natural person.
What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
What is short term financial resources?
Short term financial resources are the financial resources that can facilitate businesses to seize quick business opportunities when there is a short time. The types of short-term financing are lease, credit cards, bank loans, bank overdraft, trade credit.
What is the most important financial metric to review to determine long-term financial viability?
Solvency ratios are the most important financial metric systems used to determine long term viability. These ratios analyze how long it will take to pay off obligations that are long term.
