forereckoning

Example:The final reckoning of the fiscal year revealed a significant profit that was higher than the forereckoning estimates.

Definition:The final and detailed calculation or accounting of costs, profits, or other quantities after initial estimates have been refined.

Example:The exact calculation of the company’s tax liability was essential for accurate reporting.

Definition:A precise and accurate calculation that is not subject to approximation.

Example:The project team used a precise estimate for the number of hours required to complete the software development task.

Definition:An exact or accurate estimate that is not subject to significant error or approximation.