_______________ is what a firm actually receives in income as opposed to the amount it bills.

Question

_______________ is what a firm actually receives in income as opposed to the amount it bills. ​

Quizplus · Accepted Answer

Realization is the amount of income a firm actually receives after deducting any adjustments, discounts, or write-offs from the billed amount. Income budget refers to the projected income for a specific period. Time-to-billing percentage is the percentage of time spent on billable work compared to non-billable activities. Staffing plan is a plan for determining the required number and type of employees for a specific project or period. None of these options describe what the firm actually receives in income.

_______________ Is What a Firm Actually Receives in Income as Opposed