AUTHORIZATION SCHEDULE Definition

Bookmark and Share

AUTHORIZATION SCHEDULE is the guideline under which the subject activity is controlled and authorized. For example, expenditure spending may be controlled by amounts and the managerial level required authorizing or approving a preset trigger amount. As the amount increases over certain preset levels, higher managerial authority is required for approval.

Learn new Accounting Terms

FUND THEORY views the organization as a series of funds or sub-funds represented by various services or departments.

YIELD TO PUT is the effective annual rate of return a bond earns assuming it is held until the bond's put date, not maturity, and is put (sold) to the issuer at a specific price (put price).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.