PROGRAM BUDGET
Preparation of a budget using program description, in lieu of the expense line items.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Preparation of a budget using program description, in lieu of the expense line items.
US Department of Housing and Urban Development backed short term debt securities used to finance construction of partially state-funded residential complexes and federal constuctions. There sole purpose is the aforementioned one and
The message that the company is conveying about its products or services. The message will be repeated across all types of media for advertising and could include a slogan or saying that
The voting scheme which ensures that each party or group is represented in the same proportion that they appear to be in the whole population.
1. Thisoccurs when a businesses or company is owned by one person or one family. It is not owned by several people or a group of companies. 2. Proprietorship can also be
This is another party that is appointed to ensure that the benefactors wishes are being carried out as requested by the trustees. They don’t have alot of power but are able to
American Rule originating in 1830 by Samuel Putnum. Investors and money managers should act in the interest of the investor and not themselves when investing money for other people. Money should be
This is the money that a government spends on public services and other government departments. The money spent is to provide services that are run by the government.
A company that trades on the stock exchange. The shares can be traded and sold by any member of the public. It is governed by a set of strict regulations. They are
Known as a purpose trust. It might or might not be charitable. It is created to promote public welfare and not for the needs of any single individual.
The ordering of stock to replace the stock that has been sold. An inventory replacement system that is used by companies to replenish their stocks that are for sale. See push ordering
An economic term related to goods and services that provides services and benefit to the general public. The goods and services specified are for the public good.
When a company decides to reduce the cost of an item in order to be competitive to increase sales. Normally the price is reduced to be the lowest in the market. It
A term used by auditors about accounts which have been audited and the auditor has doubts or disagrees with certain aspects of the accounts. The doubts will be considered to be of
These factors are used to highlight a company’s performance. These elements include items such as margins of profit, the style of management and product turn over rates.
The group of people charged with carrying out the quality improvements. They will endeavour to improve the quality of the production by cutting any losses and improving methods of the manufacture.
The continuing monitoring of all aspects of production from start to finished products. Each step of the process is constantly checked to maintain the efficiency and quality of the processes.
The discount that is applied by the retailer or wholesaler when a certain quantity of a product is brought by the one person. The discount will be applied to a one time
A corporation that has been funded by the government but does not act within the confines of governmental control. These corporations perfom the operations of a watch dog or regulatory function.
A multi media software that enables people to watch and make videos, music and animation films. Developed and distributed by Apple. It is used to playback files that have been created.