Budget & Finance Chap 9
About this set
Created by:
MarkKaplan on May 31, 2010
Description:
Chap 9 for the B&F portion of the comps.
Classes:
CSUN Comp Exam, ELPS Comps Study Group
Log in to favorite or report as inappropriate.
Order by
11 terms
Terms | Definitions |
|---|---|
 Account Code 1000 | Certificated salaries |
| Account Code 2000 | Classified salaries |
| Account Code 3000 | Certificated and Classified Benefits |
| Account Code 4000 | Books and Supplies |
| Account Code 5000 | Services and Operations |
| Account Code 6000 | Capitalized and Inventoried (Single items costing $5000 and up) |
| Account Code 8000 | Revenues and Income (All money comes into 8000's) |
| Object Code | Accounting code specific to what is purchased (ex. 4110 - textbooks) |
| encumbrance | Money allocated to be spent in the future (such as for salaries) that is considered spent |
| site-based budgeting | requires the superintendent and governing board relinquish power of how funds are spent |
| Mission Statement | Used as a guide for evaluated financial decisions |
First Time Here?
Welcome to Quizlet, a fun, free place to study. Try these flashcards, find others to study, or make your own.