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How to Protect Expense Statement

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well good morning again everybody Paul Rabelais here another one of our 2020 and 2022 blind presentations all right quick overview and then well jump in so a few days ago I decided you know what Im gonna give twenty completely different completely unique YouTube live presentations related to estate planning over 20 days and we just happen to be in the year 2020 so this is our 20 and 20 and 20 20 program a couple of housekeeping items weve got instance since the topic for today is nursing homes I had to give you a kind of a nursing home related joke yeah its kind of corny but you know why not so we got that going on for us which is exciting Im gonna probably go maybe 45 minutes or so the beauty of this YouTube live platform is that people can watch it live people can type their comments and questions into the live chat over the last this is my third youtube live presentation of the 20 Ive answered every question that has been posed in the live chat some of the questions are kind

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What are uncovered expenses?

Uncovered expenses means the estimated amount of administrative expenses and the estimated cost of health care services that are not guaranteed, insured, or assumed by a person other than the health maintenance organization.

What are reasonable necessary expenses?

Reasonable and necessary costs means expenditures that, in nature and amount, do not exceed what an ordinarily prudent person would incur in the conduct of a competitive business.

How do you write an expense report?

How Do You Create an Expense Sheet? Choose a template or expense-tracking software. Edit the columns and categories (such as rent or mileage) as needed. Add itemized expenses with costs. Add up the total. Attach or save your corresponding receipts. Print or email the report.

What is considered an expense item?

Examples of expenses include rent, utilities, wages, salaries, maintenance, depreciation, insurance, and the cost of goods sold. Expenses are usually recurring payments needed to operate a business.

How do you ensure expense report are accurate?

Review the first receipt to make sure it is legitimate and not questionable. All expenses claimed for reimbursement should have supportive and valid receipts with attached bills. Review all the receipts to make sure that all expense claims abide by the companys policy guidelines.

What is an expense statement?

An expense report contains a categorized and itemized list of expenses that were made on behalf of the organization. This report helps the employer or finance team determine what money was spent, what was purchased, and how much of the expenditure is approved for reimbursement.

What are security expenses?

SECURITY EXPENSES . All costs, expenses and disbursements which Landlord shall pay or become obligated to pay for security service personnel and security systems and equipment for the Building which Landlord may deem necessary or which is required by the lessor under any ground lease of the Property or any Mortgagee.

What is a protective expense?

A protective expenses order (PEO) is an order which regulates the scope of a partys liability in expenses in certain types of environmental litigation. The purpose of a PEO is to redress the potential imbalance of financial resources between parties in relation to funding litigation.

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