AS-IS CONDITION Definition

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AS-IS CONDITION is the transfer of title to a property in an existing condition with no warranties or representations.

Learn new Accounting Terms

SPENDING LEVEL is the true expenditure or cash outlay of any entity in a given category or budgetary area.

COST IMPLOSION is a cost rollup using the quantities and costs of low-level items through a where used chain to determine total cost of the finished item. See COST ROLLUP.

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