Examlex
A debit to a liability account was posted to a revenue account.This would cause:
Trade Usage
Established practices or patterns of behavior regularly observed and accepted in a particular industry or trade.
Validly Rejected
Pertains to the lawful refusal to accept an offer, contract, or proposition based on legitimate grounds or criteria.
Nonconformity
The failure of a product or service to meet specified standards or expectations.
Reasonable Opportunity
A circumstance where an individual or party is given a fair and sufficient chance to undertake an action or fulfill an obligation.
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