General and administrative expenses. Operating expenses that are not contained in the labor or supplies budgets.

An estimate/measure of how much a tangible asset (such as plant or equipment) has been "used up" during an accounting period. It is an expense that does not require any cash outflow under the accrual basis of accounting. See also Accumulated deprecia

[(cash + marketable securities + net accounts receivable)/current liabilities)- A measure of the organization's liquidity.

Costs not traced to a cost object - but that must eventually be allocated across cost objects. See also Direct costs.

A series of equal cash flows made or received at regular time intervals. Ordinary annuities occur at the end of each period whereas annuities due occur at the beginning of each period.

A section of the statement of cash flows used to report such activities as borrowing and paying back loans.

The budget format that lists revenues and expenses by category - such as labor - travel - and supplies. Categories are sometimes broken down into sub-categories. See also Performance budget and Program budget.

Activity-based costing. A method to determine the costs of a service - product - or customer by tracing the resources consumed. ABC focuses on: I) controlling as well as calculating costs - 2) tracing as opposed to allocating costs - and 3) the impor

A donation that has conditions which must be satisfied. See also Temporarily restricted net assets.

Assets that have restrictions on their use which will be removed either with the passage of time or the occurrence of some event.

An entity that sells bonds in order to raise money.