UNDERBUDGETED Definition

UNDERBUDGETED is a line item within a budget to where the budgeted amount is not sufficient to cover the actual amount.

Learn new Accounting Terms

DAY BOOK is a written record/ledger in which transactions have been recorded as they occurred.

UNCONTROLLABLE EXPENSE is expense that cannot be controlled or restrained. Some of the costs of doing business can not be postponed or spread out over a longer period of time (e.g., taxes, rent and utilities).

Suggest a Term

Enter Search Term

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

Purchase and download Glossary
Only $9.95