TWO PARTY CHECK Definition

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TWO PARTY CHECK is a check made out from one individual to another, i.e. only two entities are involved in the transaction.

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ABM see ACTIVITY BASED MANAGEMENT.

FINANCIAL PROJECTIONS are prospective financial statements that present, given one or more hypothetical assumptions, an entity's expected financial position, results of operations, and changes in financial position. A financial projection includes several alternative scenarios while a forecast is the single most likely scenario.

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