Examlex
The evaluation purpose of performance appraisal focuses on future performance.
Conformance
Adherence to a set of standards, specifications, or regulations designed to ensure quality and compliance in products or services.
Capital Equipment
Long-term assets, such as machinery or buildings, used in the production of goods or services.
Final Cost
The total amount of expenses incurred at the completion of a project or the production of a good, inclusive of all charges and adjustments.
Capital Items
Long-term assets acquired for the purpose of generating income, not intended for resale in the normal course of business.
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