United States Government Glossary of Interagency and Associated Terms/accrued expenditures

From Wikisource
Jump to navigation Jump to search

accrued expenditures - the charges incurred by the recipient during a given period requiring the provision of funds for: (1) goods and other tangible property received; (2) services performed by employees, contractors, sub-recipients, and other payees; and, (3) other amounts becoming owed under programs for which no current services or performance is required. (SOURCE - White House, OMB, Circular A-110)