List and Define the Typical Components of a File Hierarchy

question 51

Essay

List and define the typical components of a file hierarchy.

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Definitions:

Employees

Individuals who work for a business or organization and receive compensation for their labor, either on a salary or hourly basis.

Financial Accounting Standards Board

The authoritative body that has the primary responsibility for developing accounting principles.

Accounting Principles

Guidelines and rules that govern the field of accounting, such as the Generally Accepted Accounting Principles (GAAP) in the United States.

Certified Public Accountants

Licensed accounting professionals who have passed a state CPA exam and met other state requirements, authorized to provide accounting services to the public.