Base Pay, BASIC, Beginners All-Purpose Symbolic Instruction Code, Basis

Base Pay, BASIC, Beginners All-Purpose Symbolic Instruction Code, Basis :



Base Pay : The basic hourly wage of an employee, exclusive of overtime pay, bonus or fringe benefits



BASIC = Beginner’s All-Purpose Symbolic Instruction Code : A language used for programming



Basis : The base cost of an asset, that is, the amount on which depreciation is calculated for tax purposes. Such basis includes the cost of the transportation and installation.



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