ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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DISCRETIONARY BUDGETING Definition

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DISCRETIONARY BUDGETING see DISCRETIONARY SPENDING.

 

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INCORPORATED is a legal entity that has undergone incorporation through approval by a state government.

RECHARGE, in accounting, normally involves an activity that provides a specific, ongoing and repetitive good or service to an entity or projects and recovers the cost of providing the good or service from the entity served on a fee basis. Operating costs are supported by recharges to the departments or specific activity receiving the service.


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