. Topic to these types of other limitations and problems as are specified in this deal and this clause, the quantity of payments and restrictions on payments shall be specified in the agreement’s description of The premise for payment.
Cash isn’t an element right until the business pays the accounts payable and collects the accounts receivable. Timing is a vital aspect of cash administration.
The underside Line When a business will take too extensive to collect superb accounts receivable, has too much stock, or pays its expenditures as well quickly, it lengthens the CCC. A longer CCC suggests it will take extended to generate cash. When a company collects payments immediately, the right way forecasts stock wants, or pays its costs slowly and gradually, it shortens the CCC.
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(seven) The conditions of this contract concerning liability for Government-furnished house shall not utilize to assets to which the Government acquired title exclusively underneath this clause.
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The elemental principle of IAS 32 is a fiscal instrument needs to be classified as either a monetary legal responsibility or an equity instrument based on the material of your deal, not its lawful form, as well as the definitions of monetary liability and fairness instrument.
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The Contracting Officer could, at any time, require the Contractor to substantiate the successful performance of any event or overall performance criterion that has been or is represented as staying payable.
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(e) With all the consent of the right regional county or district legal professional, the legal professional common has concurrent jurisdiction with that consenting regional prosecutor to prosecute an offense less than this section that requires the condition Medicaid click here method.