The difference between disbursement and reimbursement is that with reimbursement a person is getting back every cent they paid in. Disbursement is a set amount or percentage of money paid in.
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There is a difference between disbursement and reimbursement. A reimbursement is a disbursement of money owed to a customer equal to the amount spent.
The question should be "With the Split Disbursment Option, who reeives direct reimbursement for Travel Card expenses? The answer is :Payment goes directly to Bank for Travel Card expenses
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
Dividend Disbursement
Disbursement relates to money paid out for goods or services.
Debit Job accountCredit disbursement account