Answer:
B. Prepaid insurance is shown on the income statement
Explanation:
Prepaid insurance first and foremost is a current asset and as such will not reflect in the income statement but in the statement of Financial Position or Balance Sheet.
Although, prepaid insurance will be shown as paid within the year, it must be deducted from the insurance premium paid for the current year and then reported in the balance sheet as a current asset.
Prepaid insurance is treated as a current asset because it is an indication of insurance premiums paid for by the company in advance. It is a payment for economic benefits that will be enjoyed in the future, therefore it is a current asset. The only part of an insurance premium that shows in the income statement is the insurance expense paid for insurance benefit enjoyed in the current period
When you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.
<h3>
What is an appointment?</h3>
- A legal appointment is one in which the subject matter is of a legal character.
- Meetings with attorneys, administrative hearings, interviews and/or interactions with police officers, and any type of appeal affecting housing, finances, or an individual's civil liberty are examples of these appointments.
<h3>Solution -</h3>
So when we create an appointment for the doctor, based on her preferences we should:
Avoid being too early or too late, we just have to be at the right time. So option (A) is correct.
We should always try to create appointments in blocks to make the appointment comfortable for both. So, option (B) is also correct.
Whenever we fix an appointment, we should always consider the travel time. So, option (C) is also correct.
Therefore, when you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.
Know more about appointments here:
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To prevent monopolies. The law was also created to make competition in the market place.
Improved Healthcare and Education
A significant chunk of the collected taxes is spent on improving healthcare in the country. There are government hospitals that offer medical services without any cost or at minimum cost. Over the years, the quality of service provided by government hospitals has improved by leaps and bounds, and it has only happened because of taxpayers paying tax.
Helps Build the Nation
The cost of running an entire country, especially one that is as large and populated as ours, is humongous. It is through the taxes we pay that the government can perform civil operations. In other words, without taxes, it would be impossible for the government to run the country.
Avoid Tax Back
When being confronted with back taxes we owe the government, we often think of ways to cut back on it. Well, most tax laws understand the hardships of every taxpayer. Though, tax services are available for those who are delinquent in paying their taxes, which is a helpful opportunity to people who don’t have available money or funds.
