Examlex
Which metamorphic rock or rocks exhibit alternating layers or bands of different light- and dark-coloured silicate minerals?
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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