health insights
What are examples of expansionary fiscal policy?
The two major examples of expansionary fiscal policy are tax cuts and increased government spending. Both of these policies are intended to increase aggre...
Jan 04, 2026 0 views
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health insights
What does gross profit not appear on?
The gross profit margin is the percentage of revenue that exceeds the cost of goods sold (COGS). The key costs included in the gross profit margin are dir...
Jan 04, 2026 0 views
health insights
Is carpet considered furniture and fixtures?
A carpet, the kind that is unattached to the floor, is considered a furnishing for a room, but not furniture. What are the examples of furniture and fixtu...
Jan 04, 2026 0 views
health insights
Under what circumstances is a perpetual inventory system preferred?
Ideally, businesses that are larger and deal with high-value products may rely on perpetual inventory system that requires much more record keeping and is...
Jan 04, 2026 0 views
health insights
How do you become successful in accounts receivable?
Create an A/R Aging Report and Calculate Your ART. Be Proactive in Your Invoicing and Collections Effort. Move Fast on Past-Due Receivables. Consider Offe...
Jan 04, 2026 0 views
health insights
Is prepaid expense debit or credit?
From the perspective of the buyer, a prepayment is recorded as a debit to the prepaid expenses account and a credit to the cash account. When the prepaid ...
Jan 04, 2026 0 views
health insights
What do you mean by asset utilization?
Asset utilization is a measure of the actual use of an asset divided by the number of assets available to use. For example, if a machine runs three shifts...
Jan 03, 2026 0 views
health insights
How do you reduce inventory claims?
12 Ways to Reduce Inventories Reduce demand variability. Improve forecast accuracy. Re-examine service levels. Address capacity issues. Reduce order sizes...
Jan 03, 2026 0 views
health insights
How do private goods cause market failure?
In a private market economy, such goods lead to a free-rider problem, in which consumers enjoy the benefits of the good or service without paying for it. ...
Jan 03, 2026 0 views
health insights
What do you mean by cash basis of accounting?
Cash basis refers to a major accounting method that recognizes revenues and expenses at the time cash is received or paid out. This contrasts accrual acco...
Jan 03, 2026 0 views
health insights
What does Gfebs provide the Army with?
General Fund Enterprise Business System (GFEBS) is an Enterprise Resource Planning (ERP) software tool built on Systems Applications and Products (SAP) th...
Jan 03, 2026 0 views
health insights
Is depreciation considered a period cost?
Depreciation on production equipment is a manufacturing cost, but depreciation on the warehouse in which products are stored after being manufactured is a...
Jan 03, 2026 0 views
