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Realization is generally straightforward, but there are instances at the margins in which the moment of realization can be tricky. One example of a tricky realization situation that has given rise to substantial debate is the 62nd home run ball hit by Mark McGwire.
In accounting, the revenue recognition principle states that revenues are earned and recognized when they are realized or realizable, no matter when cash is received. It is a cornerstone of accrual accounting together with the matching principle. Together, they determine the accounting period in which revenues and expenses are recognized. [1]
The third definition is to apply this concept on project management level. Project benefits management is defined as "the initiating, planning, organizing, executing, controlling, transitioning and supporting of change in the organisation and its consequences as incurred by project management mechanisms to realize predefined project benefits". [7]
The approach first gained recognition for its application in economically and socially marginalized communities experiencing high levels of stress. (see Community Applications below). The foundational concepts of TPP are the Three Principles of Mind, Consciousness, and Thought, which were originally articulated by Sydney Banks in the early ...
In probability and statistics, a realization, observation, or observed value, of a random variable is the value that is actually observed (what actually happened). The random variable itself is the process dictating how the observation comes about.
Self-realization is a term used in Western philosophy, psychology, and spirituality; and in Indian religions.In the Western understanding, it is the "fulfillment by oneself of the possibilities of one's character or personality" (see also self-actualization). [1]
Carl Rogers used the term "self-actualization" to describe something distinct from the concept developed by Maslow: the actualization of the individual's sense of 'self.' [35] In Rogers' theory of person-centered therapy, self-actualization is the ongoing process of maintaining and enhancing the individual's self-concept through reflection ...
In metrology, the realisation of a unit of measure is the conversion of its definition into reality. [1] An example of the concept of realisation, is the unit of length, the meter. The metre was originally defined in 1791 as one ten-millionth of the distance from the equator to the North Pole along a great circle. To actually measure a length ...