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To smooth seasonal fluctuating levels of output, separate indirect-cost rates should be calculated for each month.
Disbursement of Funds
Disbursement of funds refers to the payment of money from a fund or account, typically for specific purposes or expenses.
ZBA
Zero Balance Account; a cash management tool in which funds are automatically transferred to maintain a zero balance, eliminating excess balances.
Working Capital Management
The management of a company's short-term assets and liabilities to ensure it has sufficient funds to continue its operations and meet short-term financial obligations.
Payables
Amounts owed by a company to suppliers or creditors for goods and services received but not yet paid for.
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