Also, under credit reform, the credit subsidy cost is recorded as an outlay when a direct or guaranteed loan is disbursed.
( Also ( , ( ( under ( credit reform ) ) ( , ( ( the ( credit ( subsidy cost ) ) ) ( ( is ( recorded ( as ( ( an outlay ) ( when ( ( a ( ( ( direct or ) guaranteed ) loan ) ) ( is disbursed ) ) ) ) ) ) ) . ) ) ) ) ) )
(ROOT (S (ADVP (RB Also)) (, ,) (PP (IN under) (NP (NN credit) (NN reform))) (, ,) (NP (DT the) (NN credit) (NN subsidy) (NN cost)) (VP (VBZ is) (VP (VBN recorded) (PP (IN as) (NP (NP (DT an) (NN outlay)) (SBAR (WHADVP (WRB when)) (S (NP (DT a) (ADJP (JJ direct) (CC or) (VBN guaranteed)) (NN loan)) (VP (VBZ is) (VP (VBN disbursed))))))))) (. .)))
Recording credit subsidy costs as outlays at disbursement makes it easier to keep track of transactions.
( ( ( Recording ( credit ( subsidy costs ) ) ) ( as ( outlays ( at disbursement ) ) ) ) ( ( makes ( it ( easier ( to ( keep ( track ( of transactions ) ) ) ) ) ) ) . ) )
(ROOT (S (NP (NP (NNP Recording) (NN credit) (NN subsidy) (NNS costs)) (PP (IN as) (NP (NP (NNS outlays)) (PP (IN at) (NP (NN disbursement)))))) (VP (VBZ makes) (S (NP (PRP it)) (ADJP (RBR easier)) (S (VP (TO to) (VP (VB keep) (NP (NP (NN track)) (PP (IN of) (NP (NNS transactions))))))))) (. .)))