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Tip of the Day Use Your Frequent Flier Miles Often

Use Your Frequent Flier Miles Often - If you are not collecting frequent flyer miles, you need to ask yourself why not, as they are like receiving a small gift...

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Fund Balance

Fund Balance? - A fund balance is the value of a given organization?s funds from a quarter?s earnings. It is defined by reviewing the revenue a fund generates in a given period to see if it has either exceeded or is less than its expenditures. Included in this accounting will be a balance sheet reflecting all the assets and liabilities. The purpose of a fund balance is to assist those who manage the fund with the necessary facts so they can plan their budget changes for the following quarter of operation. It is intended as a tool to aid the leadership in correcting problems in past calculations.

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Definition of the Day Baked In The Cake

Baked In The Cake - Baked in the cake means is a quote used to describe information that is influential such as unconfirmed news reports, unconfirmed company's information, or projected company or stock earnings, which are already included in the current stock's market price. By doing this, some attempt to...

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