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To reimburse is to pay for expenditures made on the payor's behalf. To remunerate is to pay for services made at the request of the payor.
The subtle difference is that the party receiving the monies in the first instance used funds already under their control, whereas in the second instance the funds are transferred to the service provider during or after the service is rendered, with the provider expending their own funds.
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What is the difference between disbursement and reimbursement?
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.
What is gross remuneration?
gross remuneration is pay or salary, typically monetary payment for services rendered, asin an employment.
Is directors remuneration an expense or an income?
Its an expense
Is director's remuneration an expenses in income statement?
Directors remuneration is part of income statement and also expense of business but required to be shown as separate item.
Is remuneration taxable pay?
calculate taxable pay
