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What are the two types of expenses?
fixed expenses and variable expenses
How are variable expenses different from fixed expenses?
Variable expenses are those expenses which vary according to production level while fixed expenses are those expenses which have no effect of production level and remain same.
What is unrecoverable expenses?
Unrecoverable expenses are out of pocket expenses that you cannot obtain reimbursement on
Is preliminary expenses is a administrative expenses or selling expenses?
Preliminary expenses are neither administrative expenses nor selling expenses rather these are classified as other assets in balance sheet and amortized over period of life of business.
What are statutory expenses?
statutory expenses
Can you write off private school tuition for my children?
You can only write off post secondary school expenses that are contributed directly to education expenses.
Can you designate the primary and secondary insurance coverage and declare not to pay because of no out of pocket expenses?
Sure, why not?
Which education savings plan can be used for K through 12 expenses as well as post-secondary expenses?
Coverdell Education Savings Plan!
Can a wifes maternity expenses be covered by the husbands insurance if her insurance does not have coverage?
If you both have coverage the wife's policy will be primary, and the husband's will be secondary - provided the wife is covered under the husband's policy. Submit the unpaid claims to the secondary carrier.
If secondary agreed upon insurance is lower than the primary insurance agreed upon price which one can the provider bill the paitent?
Primary has to process and pay claims first then secondary will process and pay leftover expenses according to their policy provisions. The secondary sometimes excludes payment towards a primary policy deductible.
What does coinsurance mean in medical insurance's?
It's secondary or tertiary insurance that is held to cover any medical expenses the primary insurance policy does not cover or does not cover completely.
How do you figure out the write-off with primary and secondary dental insurance?
first you should obtain the explanantion of benefits from your primary. it should indicate what the write off amount is. if you're not sure, call the insurance company and ask them. then do the same with your secondary. the secondary insurance will consider the amount allowed by the primary and will usually base their benefits on that. if you are lucky, between the two, you should have little out of pocket expenses.
What must the fund for the Missouri state lottery be used for?
Deposited in the "State Lottery Fund" for public institutions of elementary, secondary and higher education, administrative expenses and then minimum of 45% used for prizes.
What are the two types of expenses?
fixed expenses and variable expenses
What are non factory expenses?
general and administrative expenses marketing expenses
What is irregular expenses?
the expenses which will be not regular like penalty, miscellaneous expenses
What are the expenses of being a lawyer?
There are many expenses of being a lawyer. These can be monetary expenses as well as emotional expenses of the profession.
