TeachMeFinance.com - explain Memorandum Of Understanding
Memorandum Of Understanding The term 'Memorandum Of Understanding ' as it applies to the area of Medicare in the United States can be defined as ' An instrument used when agencies enter into a joint project in which they each contribute their own resources in which the scope of work is very broad and not specific to any one project; or in which there is no exchange of goods or services between the participating agencies'.
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