Examlex
Match each function-related term with its description.
-Comma
Quasi-Endowment
Funds that are not permanently restricted under the terms of the gift but are designated by the governing board to function as an endowment, thus not easily expendable for general operations.
Liquid Assets
Assets that can be quickly and easily converted into cash without significantly affecting their value.
Financial Ratios
Quantitative measures derived from a business's financial statements, used to evaluate its performance, liquidity, and financial health.
Managerial Accounting
A branch of accounting focused on providing financial data and analysis to managers within organizations to inform decision-making.
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