FISCAL POLICY Definition

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FISCAL POLICY is U.S. Federal policy with respect to spending and taxation as determined by the Congress and the Administration.

Learn new Accounting Terms

ACCOUNTING PERIOD is the time period for which accounts are prepared, usually one year.

GPRO is Group Practice Reporting Option used within the US government, e.g. Medicare and US DHHS. A "group practice" is defined as a single Taxpayer Identification Number (TIN) with 2 or more individual eligible professionals (EPs) (as identified by individual National Provider Identifier [NPI]) who have reassigned their billing rights to the TIN.

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