List at Least Three Goals of the Affordable Care Act

question 46

Essay

List at least three goals of the Affordable Care Act.

Explain the formation and importance of covalent bonds.

Interpret the pH scale and the concentration of hydrogen and hydroxide ions in solutions.

Understand the concept of buffers and their function in regulating pH in solutions.

Understand the importance and components of a corporate code of ethics in the workplace.

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Definitions:

Net Realizable Value

The amount (Accounts Receivable – Allowance for Doubtful Accounts) that is expected to be collected.

Gross Accounts Receivable

The total amount owed to a company by its customers for goods or services delivered on credit before any deductions for returns or bad debts.

Bad Debts Expense

The cost associated with accounts receivable that are not expected to be collected.

Contra Asset

An asset account where its balance is opposite of the normal balance, used to offset the balance of a related account, such as allowance for doubtful accounts offsetting accounts receivable.