Examlex
The flow of input data for budgeting should be from the highest levels of responsibility to the lowest.
Collections
The process of pursuing payments of debts owed by individuals or businesses, typically regarding accounts receivable.
Disbursements
Financial payments made by a business, including cash expenditures, payments on debts, or distribution of dividends.
Beginning Balance
The amount of money in a given account at the start of a financial period.
Petty Cash Fund
A small amount of cash kept on hand for making immediate, minor expenditures.
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