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Disbursement Basis
An accounting method where expenses are recorded when cash is paid out rather than when the expense is incurred.
Consolidation
The merging of assets, liabilities, and other financial items of two or more entities to form a single, combined financial statement.
Investment
Allocation of resources, usually money, in assets or projects expected to generate income or profit in the future.
Expenditure
The action of spending funds or expenses incurred by an entity in the course of its operations.
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