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
disbursement
Most child support is withheld from wages and sent to a State disbursement unit, which forwards it to the obligor and/or the State (as reimbursement for assistance provided).
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
The difference between a passive and an active dividend policy lies in the amount of time between dividend disbursement. In a passive dividend policy, dividends are given when the company decides it is time. With an active dividend policy, dividends are disbursed at regular intervals.
Dividend Disbursement
when it comes to managing the disbursement cycle, the objective is to: Shorten the Disbursement cycle Lengthen the disbursement cycle Equalize disbursements with receipts Borrow for all disbursements
similar things betwenn hospital and doctors office
Disbursement relates to money paid out for goods or services.
Enterprise fund is a fee for service. Internal service fund is services from one department to another on a cost reimbursement basis.
A wire disbursement is the electronic transfer of funds from one account to another via a wire transfer. This is commonly used for fast and secure same-day transactions between financial institutions or parties.
Debit Job accountCredit disbursement account