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A short term contract is any contract that is started and completed within a fiscal year. A long-term contract is any contract that is started in a fiscal year and is completed in another fiscal year. For instance. If the taxpayer has a December 31 year end and a contract is started on December 24th and completed on January 3rd, this is deemed a long-term contract even though the duration of the contract was only 10 days.
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What is the difference between a short- and long-term goal?
the long term is different between a short term because the short
Explain the difference between a call option and a long position in a futures contract?
The only difference between a long call option and a long futures position is the derivative itself--one of them is an option, the other is a futures contract.
What is the difference between a short- and long- term goal?
A long-term goal is reached further in the future.
Is having a tangible property the difference between using the terms lease and rent?
No that is not the basic difference between the terms lease and rent. A lease is often a long term contract, where the details can't be altered. Rent is often more short term.
What is the main difference between long and short run?
Their length.
What is the difference between short net ton and a long gross ton?
well there is no difference
What is the difference between a long and short horned grasshopper?
Sounds to me like it'd be the length of their horns that is the difference.
What is the difference between a short neck and a long neck transmission?
short tail shaft or long tail shaft trans they are different lengths
What is the difference between a short rod nut and a short forged nut in regards to flared tubing?
short gas long H2O
What is the difference between short-term and long-term?
the difference is that short-term goal is a goal that can be reach in a short period of time, but long term goals are goals that can plan to reach over an extended period of time.
What is the difference between long I and short I?
The main difference between long "i" and short "i" is the duration of the sound. Long "i" is pronounced for a longer period of time, as in words like "time" or "ride." Short "i" is pronounced for a shorter period of time, as in words like "sit" or "big."
What is the difference long inseam short inseam regular?
The difference between a long inseam and a short inseam regular is approximately 4 inches. The insane is measured from the heel of the show to the crotch of the pants.
