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What is meant by selling expenses?
Selling Expenses are the expenses directly related to producing sales. Typical Selling Expenses would be Advertising and Salesman's Commissions.
What is meant by reinbursed in accounting?
Reimbursment means to incur expenses on company behalf and then get back the incurred expenses from company.
What is meant by expenses payable?
Expense payable is a current liability.
Can I use my HSA for expenses from previous years?
No, you cannot use your Health Savings Account (HSA) for expenses from previous years. HSAs are meant for current and future medical expenses, not for past expenses.
Can I use my HSA for past expenses?
No, you cannot use your Health Savings Account (HSA) for past expenses. HSAs are meant to be used for current and future qualified medical expenses.
Can I use my FSA for previous year expenses?
No, you cannot use your FSA for previous year expenses. FSAs are meant to cover eligible expenses incurred during the plan year in which the funds are contributed.
What is meant by ageneral recipient and a general donor?
reciepient is a person who receives from someone else. like he might receive blood while donor is the donator. like ppl donate blood so they r donors.
What is meant by Pre and Post hospitalization?
Expenses before hospitalization is called Pre-Hospitalization expenses and expenses after discharge from the hospital are called Post-Hospitalization expenses. Usually 30 days pre-hospitalization and 60 days post hospitalization expenses are covered under mediclaim policies.
Can you use FSA funds for expenses from previous years?
No, you cannot use FSA funds for expenses from previous years. FSA funds are meant to be used for eligible expenses incurred during the plan year in which the funds were contributed.
Can you use a Health Savings Account (HSA) for expenses from previous years?
No, you cannot use a Health Savings Account (HSA) for expenses from previous years. HSAs are meant to be used for current and future qualified medical expenses.
What is meant by fixed overhead costs?
Means all the bills and expenses for the business are the same every month.
What do you call a non-living donor?
A non-living donor is referred to as a deceased donor.
