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Outlay (2)
OUTLAY (2)

Definition: An instance of expenditure.
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* All eight elements should be in.


1. Basis or purpose and necessary not in doubt.

2. Process had started or surely starts soon after.

3. Approval or authority had been duly secured.

4. An amount or quantity given out will be accurate.

5. Recipient/end user is the appropriate party.

6. Possible at the time to monitor use/usage of item.

7. Ongoing activity will be enhanced therefrom.

8. Correct documentation or accounting occurs therein.
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See perfect EFFECTUAL DEMAND.

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