The word "disbursement" in accounting means to send out. A cash disbursement is a payment that might be made using currency but could be made in other forms of immediate payment, such as a check, ...

The Sarbanes-Oxley Act seeks to prevent vendor and employee fraud that would otherwise stem from the exploitation of weaknesses in accounts payable controls. The act requires that controls be in place ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Cash concentration and disbursement (CCD) is an electronic funds transfer system used by ...

A cash disbursement journal is a running record of a company's recent cash transactions, which must later be copied over to the general ledger. What Is a Cash Disbursement Journal? A cash disbursement ...

Students borrowing for the first time through the Federal Direct Loan program must complete entrance counseling prior to the first loan disbursement. Loan counseling can be found by going directly to ...