The Financial Accounting Standards Board, which sets the standards for GAAP, states that assets deliver a probable future benefit. On the other hand, expenses result in using up assets, such as cash, to produce goods and services.he Financial Accounting Standards Board, which sets the standards for GAAP, states that assets deliver a probable future benefit. On the other hand, expenses result in using up assets, such as cash, to produce goods and services.
The AWPA is the only ANSI-accredited standards developer that requires a rigorous evaluation plus an open peer review of that data where the largest collection of experts in the field of wood protection in North America gather for the purpose of evaluating which wood preservatives are worthy to be standardized in the AWPA Book of Standards.
Mercy participates in all major health insurance plans as well as Medicare and Medicaid. Many private or commercial health insurance companies and HMOs now require âpre-authorizationâ before a hospital admission, surgery, or other major medical procedure. We encourage you to contact your health insurance company for approval before your scheduled procedure. Pre-approval will minimize delays and reassure you that your health insurance or HMO will cover your medical expenses. If you have questions about your insurance, please call Patient Billing at (207) 879-3470.