Examlex
The four major types of enterprise applications are:
Stock Dividend
A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned by shareholders.
Prepaid Insurance
The portion of insurance premiums that has been paid in advance and is recognized as an asset on the balance sheet until the coverage period elapses.
Depreciable Lives
The estimated period over which a tangible asset is expected to be usable by a business, affecting its depreciation calculation.
Insurance Expense
The cost associated with purchasing insurance policies, recognized as an expense by businesses over the period the insurance coverage is applicable.
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