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If the parent's perspective is used in analyzing a multinational project, the relevant cash flows are the dollars ultimately received by the parent as a result of the project; the relevant initial outlay is the investment by the parent.
Single-Entry System
An accounting method where each financial transaction is recorded with a single entry to the accounting records, not offering the check balance of double-entry bookkeeping.
Charges
Fees or prices asked for goods and services, or accusations made against someone in a legal context.
Payments
Transactions or transfers of money that are made to settle a debt or an account.
Double-Entry Bookkeeping System
A method of accounting where every transaction is recorded in at least two accounts, with one account being debited and another credited, ensuring the accounting equation balances.
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