Question 3: MGMT Corp. often makes purchases or pays for expenses on behalf of other companies under its management (for example, it pays for a business license for Company A, Company B, and Company C). Such expenditures are quite regular and numerous and diverse in nature (e.g. payroll, meals, legal, marketing etc.). The expenses are charged to MGMT Corp's credit card.

Discuss how you would organize, track, and account for these expenses so that the credit card charges can be posted and efficiently billed back to the entities they belong to.