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Project accounting is often Check This Out used by governing administration contractors, in which a chance to account for expenses by agreement (and often deal line product, or CLIN) is often a need for interim payments.[five]
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Projects vary into the day-to-working day company-as-common (BAU) actions in that they frequently cross organisational boundaries, could last for everything from the few days or perhaps weeks to a variety of a long time, through which period budgets may be revised repeatedly. They may be one among a number of projects that make up a bigger Over-all project or program.[4]
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