Cafeteria Plan Definition.

A cafeteria plan is a type of employee benefit plan that allows employees to choose from a menu of benefits, including cash or deferred compensation, health insurance, and other benefits. The term “cafeteria plan” comes from the fact that employees can choose from a variety of benefits, like they would choose from a menu in … Read more

What is basic accounting?

The meaning of basic accounting is the science that deals with studying and analyzing the economic and financial transactions of companies with the aim of specifying their registration in the accounting books following the rules established in the regulation. In the basic accounting of a company, the different operations carried out will appear clearly and … Read more