Define Claim Schedule, Claim Schedule : It is a request from a state department to the

Define Claim Schedule

Claim Schedule: It is a request from a state department to the State Controller's Office to distribute payment from a legal appropriation or account for a legal state obligation. The claim agenda recognizes the appropriation or account to be charged, the payee(s), and the amounts to be paid, and an attested affidavit to the legality of the request.

View Complete Question

Related Questions in Finance Basics

Q : State Section 8.50 Section 8.50 : The

Section 8.50: The Control Section of Budget Act gives the authority to raise federal funds expenses authority.

Q : Describe benefits of collecting early

Describe benefits of "collecting early" and how do companies effort to do this? Money contains time value. The sooner cash is gathered, the better. Companies employ regional collection centres and lock boxes to facilitate this.

Q : Describe risks related with using

Describe risks related with using a large amount of short-term financing for working capital? By using a large amount of short-term financing usually allows funds to be raised at a lower cost however raise the firm's risk.

Q : What do you mean by Authorized What do

What do you mean by Authorized: Provided the force of law (example, by statute). For certain action or quantity to be authorized, it should be possible to recognize the enabling source and date of approval.

Q : Why does money contain time value Why

Why does money contain time value?Positive interest rates denote that money has time value. While one person lets another borrow money, the first person needs compensation in exchange for decreasing current consumption. The person who borr

Q : Describe the role of a broker in

Describe the role of a broker within security transactions? How are brokers compensated?Brokers handle orders to purchase or sell securities. Brokers are agents who work in support of an investor. While investors call with an order, brokers work