Examlex
Writers should revise for content first and then look at audience appeal and the mechanics of putting together the document.
Net Method
An accounting practice where discounts for prompt payment are recorded and considered in the invoice price.
Premium Expense
The cost associated with purchasing an insurance policy or other financial product.
Estimated Premium Claims
The projected claims against an insurance provider that determines premium rates for policyholders.
Modified Cash Basis
A method of accounting that combines elements of both cash and accrual accounting, recording most transactions on a cash basis, but also incorporating the accrual basis for significant items.
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