Examlex

Solved

The __________________ Principle Requires That an Accounting Information System Conform

question 91

Essay

The __________________ principle requires that an accounting information system conform with a company's activities, personnel, and structure, and must adapt to a company's unique characteristics.


Definitions:

Mandated Benefit

Benefits that employers are required by law to provide to their employees, such as social security, unemployment, and workers' compensation.

Workers' Compensation

An insurance type that offers medical benefits and compensates for lost wages to workers hurt while performing their job duties.

Nonmandated Benefits

Refer to additional perks or compensations provided by employers that are not legally required, such as retirement plans, health insurance beyond the legal minimum, and paid vacation.

Life-Cycle Benefits

Employee benefits offered by organizations that are designed to meet the needs of employees at different stages of their life and career.

Related Questions