Flashcards
Untitled
Cards in this deck (12)
- 1Encumbrancesamount of money put aside for specific items (computers)
- 2Spending baselinehow much it costs to keep current services going with no additions or subtractions
- 3Operating budgetday to day revenue
- 4Capital budgetlong term investments (land, building)
- 5Non personnelconsultants, contracts, equipment, furniture, maintenance, rent, supplies, travel utilities
- 6What does a program budget measure?resources and used during FY (inputs) for a short term measure of results (outputs)
- 74 Stages in a budget processpreparation (mission, objective, staff)
Approval (exec direc and committee present)
Execution (reports) - 8Cash flow management reportstells how liquid the non profit is
- 9liquidityhow much cash the nonprofit has
- 10performance reportsmeasuring efficiency and effectiveness plan for next year's budget
- 11the pool (common) costaccumulation of indirect costs that are to be allocated (ex- total costs of rent, utilities, and maintenance, base would be square footage that each department occupies
- 12—
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- Flashcards on Untitled, created by Krystal Gibson on 04/12/2018.
- Created by
- Krystal Gibson
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