Business & money
Is all recessed lighting dimmable?

Is all recessed lighting dimmable? If you want to be able to dim your recessed lights, or control them with a remote or automated system, choose fixtures you can use incandescent, halogen, or LED light bulbs in. Fluorescent light bulbs are not dimmable unless they have a dimmable ballast. ...

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Is a business with two or more owners?

Is a business with two or more owners? A partnership is similar to a sole proprietorship, except the business has 2 or more owners. These owners are responsible for all aspects of the business and receive all the profits from the business. Legally, the owners ARE the business. Is a business ...

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Is a statement of cash flows required by GAAP?

Is a statement of cash flows required by GAAP? GAAP also requires a cash flow statement, which acts as a record of cash as it enters and leaves the company. The cash flow statement is crucial because the income statement and balance sheet are constructed using the accrual basis of accounting, which ...

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Is a cartel an oligopoly?

Is a cartel an oligopoly? A cartel is a special case of oligopoly when competing firms in an industry collude to create explicit, formal agreements to fix prices and production quantities. In theory, a cartel can be formed in any industry but it is only practical in an oligopoly where there is a ...

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Is a survey required for a townhouse?

Is a survey required for a townhouse? Lenders don't generally ask for a survey for a requirement on townhouses and condos so it's not uncommon that they don't need one either. A few years ago, lenders usually required a survey of the property as a requirement of obtaining the loan. Today, most ...

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Is a cesspool bad?

Is a cesspool bad? First of all, cesspools do not do a good job of treating wastewater. For one, the waste goes too far down into the ground, which is bad for two reasons. Secondly, because the waste goes deeper into the ground, it is much more likely to get into the groundwater before being ...

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Is a trust an asset?

Is a trust an asset? Trust property may include any type of asset, including cash, securities, real estate, or life insurance policies. Trust property is also referred to as "trust assets" or "trust corpus." Is an irrevocable trust considered an asset? Once an irrevocable trust is ...

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Is a door sill pan necessary?

Is a door sill pan necessary? Flashing the rough openings of exterior doors isn't just a good idea; it's a code requirement. Omitting a sill pan under an exterior door is risky. If you are a remodeling contractor, you've probably been hired to repair this type of rot. What is the purpose of ...

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Is a wholesaler a broker?

Is a wholesaler a broker? Wholesale Broker — a type of insurance broker who acts as an intermediary between a retail broker and an insurer, while having no contact with the insured. Wholesale agents place business brought to them by retail agents. The same broker can function as a retailer or ...

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Is a garbage disposal bad for septic?

Is a garbage disposal bad for septic? You really shouldn't be using a garbage disposal with your septic system. The way that the septic system is set up involves a large tank filled with water and the waste from your home. All the fats, grease, and other waste from the disposal are being added to ...

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Is a key measure of a nation’s economic health?

Is a key measure of a nation's economic health? Gross domestic product (GDP) is one of the most common indicators used to track the health of a nation's economy. The calculation of a country's GDP takes into consideration a number of different factors about that country's economy, including its ...

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Is a labor hour contract a cost type contract?

Is a labor hour contract a cost type contract? (FAR Subpart 16. 6) There are two other types of compensation arrangements that do not completely fit the mold of either fixed-price or cost-reimbursement contracts. Labor-hour and time-and-materials contracts both include fixed labor rates but only ...

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