Examlex
The auditor's tests of the adequacy of the physical controls over raw materials, work-in-process, and finished goods are usually restricted to:
Complete Performance
Complete Performance refers to the full and exact execution of all terms and obligations as outlined in a contract or agreement, leaving no duties unfulfilled.
Tender
An offer to perform an obligation or supply goods at a fixed price.
Condition Subsequent
A condition in a contract that, if it occurs, terminates an already established right or obligation.
Tender
refers to the offer of payment of money or the performance of an obligation in order to discharge a debt or fulfill a contract.
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