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CASH-BILLS

CASH-BILLS
ScnMaster
the statistic of the Executive Council, which is responsible for the solvency of the org. This statistic is the ratio of the amount of cash on hand (cash that exists in actuality and which can be expended) to the amount of bills owing. If the cash-bills statistic shows there are more bills owing than there is cash on hand, the org is considered to be insolvent. If it shows there is more cash on hand than bills owing, the org is considered to be solvent. See also Executive Council and statistic in this glossary. Staff Status I I Glossary, Approved late Sept. 1990