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noun. A program account refers to an account that is specifically designed and used for a particular program or project. It is typically created to segregate funds or resources dedicated to a specific purpose, allowing for easier tracking, management, and reporting of related financial transactions and activities. Program accounts are often used by organizations, government agencies, or businesses to ensure transparency and accountability in their program-related expenditures. This type of account helps keep program-related finances separate from general funds, enabling organizations to monitor the progress, costs, and outcomes of individual programs or projects more effectively. GPT3.5
Word Forms:
- noun.
program account (singular),
program accounts (plural)
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