Examlex
Processing cash receipts under a lock-box system is an example of the control procedure of:
Demand Payment
A request for the payment of a debt or obligation, often made formally and in writing.
Substantially Performed
A term used in contract law indicating that a party has completed the major obligations of a contract, even if minor details remain unfulfilled.
Benefits Promised
Guarantees or assurances given by an employer to employees, often relating to retirement, health care, or other support.
Case-by-Case Basis
A method of analysis or decision-making where each situation is considered individually, with attention to its unique aspects and details.
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