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a fee paid for instruction (especially for higher education)


a plan for spending money


an advocate who presents a person (as for an award or a degree or an introduction etc.)


a document that serves as evidence of some expenditure

For-profit programs

usually privately owned centers and are operated to make a profit for the owners

not-for-profit programs

legally organized to operate without making a profit

in-kind support

refers to items or services you recieve from another source without having to pay for them


not subject to taxes


the amount of money the patient has to pay that the insurance company will not pay

matching grant

Money given by the federal government to lower levels of government to fulfill certain functions requiring that the recipients have their own money and meet certain federal standards for the program

start up costs

the expenses a firm must pay before it can begin to produce and sell goods

fiscal year

The period from Oct. 1 to Sept. 30 for which government appropriations are made and federal books are kept.


an inspection of the accounting procedures and records by a trained accountant or CPA

fixed expenditures

Expenses you do not have control over month to month.

variable expenditures

expenditure over which you have control. You are not obligated to make that expenditure, it may vary from month to month.

optional expenditures

expenditures for nonessential items or services

cost coding

identifying each major budget category with a number code

cost-per-child analysis

gives you a clearer view of your financial health. Done by looking at each main age group in your center.

break-even point

The point at which sales revenue equals the costs and expenses of making and distributing a product.

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