Examlex
When analytical procedures in the sales and collection cycle uncover unusual fluctuations, the auditor should make additional inquiries of management.
Implied Warranty Of Fitness
An assurance, not explicitly stated, that the goods sold will be suitable for the purpose for which the buyer intends to use them.
Express Warranty
An explicit guarantee made by a seller about the condition, quality, or performance of a product, forming part of the contract of sale.
Business Contracts
Legally binding agreements between two or more parties that outline the terms of business transactions.
Time Of Payment
The specific date or period as stipulated in a contract by which payment is due to be made.
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