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The capital budget lists planned investments in major assets such as buildings, heavy machinery, or complex information technology systems.
Oral Agreement
A verbal commitment between two or more parties on a set of terms, which can be legally binding in certain circumstances.
Gifts and Gratuities
Items or payments given voluntarily without payment in return, often as a gesture of goodwill or for promotional purposes.
Commercial Bribery
The unethical or illegal practice of influencing the decisions of business personnel through unauthorised gifts or payments.
Perception of Bias
The belief or view that a person or organization is biased, leading to questions about fairness or objectivity.
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