MATCHING A.a Statement of Goals for One Year, Stated in Financial

question 15

Essay

MATCHING
a.a statement of goals for one year, stated in financial terms
b.a schedule for compiling budget data
c.expenses that vary and over which the director has some control
d.expenses that do not vary, or change very little, over periods of time
e.mandated or voluntary benefits that are added to personnel expenses
f.largest portion of the budget
g.nonexpendable items that are not replaced in a short period of time
h.costs that cover rent or mortgage payments of the building
i.major source of income
j.the number of children who must be served in a program to generate enough income to cover costs
-fringe benefits

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Definitions:

Recall Price

The price at which a company can recall its shares or bonds before their maturity date, usually at a premium.

Retained Earnings

The cumulative amount of net income earned by a company that is retained and not distributed to shareholders as dividends.

Cumulative Preferred Stock

Cumulative Preferred Stock is a type of stock that entitles its holders to receive dividends in arrears before any dividends can be paid on common stock.

Dividends in Arrears

Dividends on cumulative preferred stock that have not been paid in the period they were due.