Many companies offer employees health savings accounts (hsas) instead of traditional health care plans. HSAS provide each employee with money (usually between $500 and $1,000 per year) that can be used for any health care expense but then require employees to cover a much higher portion of expenses beyond that.
An issue of Equity may arise from this model because Health savings account will cause greater problem to low income employees because they will bear a greater burden covering health care expenses.
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What is Health Savings Account?</h3>
Health saving account refers to a tax-advantaged account which is designed to help people save for medical expenses that are not reimbursed by high-deductible health plans.
This type of health plans will not be in the Interest of low income earners because they may suffer from illnesses which their total health care savings can not offset.
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I believe fiat money is the correct answer here.
Operating expenses are incurred during regular business, such as general and administrative expenses, research and development, and the cost of goods sold. A capital expenditure is incurred when a business uses collateral or takes on debt to buy a new asset or add value of an existing asset.
Even though insignificant explanatory variables can raise the adjusted R 2 of a demand function, one should not interpret their effects on the regression when testing marketing hypotheses about the determinants of demand.
What is meant by demand function?
A demand function is described by the equation p=f(x), p = f (x), where p represents the unit price and x represents the quantity in question. A demand function is typically characterized as a decreasing function of x, meaning that it gets smaller as x grows.
What is meant by regression in statistics?
Regression analysis is a statistical method for connecting a dependent variable to one or more independent (explanatory) variables. A regression model can demonstrate whether variations in the dependent variable are related to variations in one or more explanatory variables.
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Answer:
Sales Discounts 190 debit
Allowance for Sales Discounts 190 credit
Explanation:
From the current accounts receivable, the company has 10,000 within discount period and t expect the customer will take them so:
10,000 x 2% = 200 expected discount
currenly the accouting balance for the expected discount is 10 so:
200 - 10 = 190 allowance for sales discounts adjustment.
Remember we do this adjustment to match the expenses or discount withthe period they are generated. Not doing so, will imput discount to the next period for transaction which occurs in the current one.
