Counter Offer

Definition:

An offer to enter into a transaction on terms differing from those proposed. Vendors' acknowledgment forms given to a purchaser in response to a purchase order may be a counter offer, and therefore, should be checked carefully for discrepancies from the original order.

Related terms:

Audit evidence

Normative accounting theory

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Raising a Child

Projects the future cost of an education and the amount you need to save to meet that cost

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Computes the average cost base (or cost per share) for a series of stock or mutual fund purchases.

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Consider all of the expenses by buying a car that will be generated by their purchase

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Term: Purchasing -> Counter Offer