--%>

Define Reimbursements

Reimbursements: The amount received as a payment for the cost of services executed, or of other expenditures made for, or on behalf of, other entity (example, one department reimbursing the other for administrative work executed on its behalf). Reimbursements symbolize the recovery of expenditure. Reimbursements are obtainable for expenditure up to the budgeted amount (that is, scheduled in an appropriation), and a budget revision should be organized and accepted by the Department of Finance before any reimbursements in surplus of the budgeted amount can be finished.

   Related Questions in Finance Basics

  • Q : What is Bond Funds Bond Funds : For

    Bond Funds: For legal basis budgeting aims, funds utilized to account for the receipt and disbursement of non-self liquidating common obligation bond proceeds. Such funds do not account for the debt retirement as the liability made by the sale of bond

  • Q : Describe the role of cash and of

    Describe the role of cash and of earnings while a corporation is deciding how much, if any, cash dividends to pay to common stockholders. In the long-run earnings are essential to maintain dividend payments; however at the time an actual dividen

  • Q : Depict the slope of the line Normal 0

    Normal 0 false false

  • Q : Aggregate demand or aggregate supply

    Normal 0 false false

  • Q : What is Expenditure Authority

    Expenditure Authority: The authorization to make expenditure (generally by a budget act appropriation, provisional language or some other legislation).

  • Q : Shapes of marginal-cost and the

    Normal 0 false false

  • Q : Midterm Exam for FIN 6000 Please

    Please complete the midterm exam independently.  Don't discuss it with other students in the class.  Please email me if you have any clarifying questions.  <

  • Q : Contrast prescribed benefit and

    Compare and contrast a prescribed benefit and contribution pension plan.In a prescribed benefit plan, retirement benefits are determined by a formula that typically considers the worker's age, salary, and years of service.  The employee and

  • Q : Describe EU Normal 0 false false false

    Normal 0 false false

  • Q : What is Policy Adjustments Policy

    Policy Adjustments: The changes to existing law or Administration policies. Such adjustments need action by the Governor and/or Legislature and change the workload budget.