The accrual principle

The accrual principle

Matching principle requires __________.

What is the matching principle and why it is important to accountants?

The matching principle is important because the proper matching of expenses and revenues gives a more accurate appraisal of the results of operations, helps to avoid distortion of the financial position of the business, and improves the quality of the financial statements.

This equivalent on the Internet includes the partners exchanging control of the conversation for physical closeness. The stages this occurs in could include moving from messaging online, to telephone conversations and eventually face-to-face communication. In contemporary views, most agree with the inevitability of self-disclosure in therapy.

Accounting Topics

This mutual exchange of sharing secrets could be the norm of reciprocity, in which individuals disclose because it is a social norm. Sixth graders are able to understand the norm of reciprocity because they realize that relationships require both partners to cooperate and to mutually exchange secrets.

Which financial statement uses the matching principle?

The matching principle is associated with the accrual basis of accounting and adjusting entries. If an expense is not directly tied to revenues, the expense should be reported on the income statement in the accounting period in which it expires or is used up.

While there are many benefits to engaging in self-disclosure online there are also some dangers. There is a relationship between Internet abuse, self-disclosure and problematic behavior. High ratings for Internet abuse and self-disclosure also positively influence online communication with all types of online relationships.

While this sort of control is not often thought of in a positive light, some hypothesize that these kids are likely just feeling coerced to disclose subtly and without being harmed. Much of what children choose to reveal to their parents is based on previous disclosures and their parents’ reactions to them. Reciprocity in children’s self-disclosures is often examined in children’s friendships. It has been shown that children’s understanding of friendship involves sharing secrets with another person.

This can harm both their physical and mental health because feeling connected to others is considered a fundamental human motivation. Individuals with low self-esteem have difficulty disclosing to others because they are very focused on not revealing their flaws and fear criticism and disapproval from others. Disclosing less, therefore, protects them from the possibility of rejection or being ignored.

Spouses feel responsible, in that they need to be responsive to their partners’ self-disclosures, more so than they feel obligated to respond to the disclosures of people in their other relationships. Uses and gratifications theory is often used to attempt to explain such things as motivation on the Internet.

These children have goals of social acceptance in mind, and it seems to them that acceptance can be easily gained from sharing and communicating with friends and strangers alike. Socializing motives reduce privacy concerns, and children will disclose nearly anything online in order to be seen and responded to socially. It was also discovered that a simple incentive is usually enough to elicit personal information from a child. It can be very difficult for those with social anxiety to engage in face to face communication. These people can become anxious when meeting someone for the first time, speaking with someone attractive, or participating in group activities.

________ principles require that revenues which are recognized through the application of the realization principle are then related to relevant and appropriate historical cost.

Both of these groups (introverts and neurotics) have been shown to have increased Internet use and in particular increased use of social service sites (i.e. chatrooms, newsrooms, etc.). This may show that those who are already lonely are more attracted to the Internet as a means of social networking and not that the Internet increases loneliness.

  • These people also begin to incorporate their Internet lives with their non-Internet lives and engage in a presence–control exchange.
  • In this exchange, Internet users start their relationships with relatively high control and gradually trade that for physical closeness as their comfort levels and knowledge of the other person increases.

Humanistic theorists want to trigger personal growth in clients and feel that a strong relationship with a therapist is a good facilitator of such, so long as the therapist’s disclosures are genuine. Seeing that weakness and struggle are common among all people, even therapists, is useful to clients in the humanistic therapy setting. In order for existential psychologists to help clients, they try to disclose their own coping methods to serve as sources of inspiration to find one’s own answers to questions of life. For therapists who value feminism, it is important to disclose personal feelings so that their clients have total freedom to choose the correct therapist and to eliminate power fights within the therapeutic setting.

Even people known to disclose very little are likely to disclose more to high openers. Thus, if parents are characterized as good listeners, trustworthy, accepting, relaxed, and sympathetic, as are high openers, then they will likely elicit more disclosure from their children. Adolescents who view their parents like this are also said to see them as less controlling and less likely to react negatively to their disclosures. Parental responsiveness has been said to be the dominant factor of influence on adolescents’ rates of self-disclosure; warmth and affection facilitate more disclosures. Parental psychological control has also been linked to increased self-disclosure of personal issues and peer issues among youth.

The self-disclosure of children to their parents is the dominant source of information for parents to gain knowledge about their children and their daily lives. Parental knowledge of their children’s whereabouts and daily lives has been linked to several positive outcomes. The more parents know about their kids, the lower the rate of behavior problems among children, and the higher the children’s well-being.

The use of social media for self-disclosure has shown to be very helpful for those with low self-esteem. People with low self-esteem are more socially anxious and shy which can make it difficult to form close relationships with others.

Many social networking sites give access to profiles, pictures and the ability to comment and message others which helps people to feel less lonely. It also aids them in gaining social capital like emotional satisfaction and access to information. These sites can facilitate disclosure because they make it easier to access others who can provide social support for someone to disclose personal information. Social support is extremely important in disclosure as it makes the discloser feel validated and cared for. It has also been shown that having this social support and forming close relationships online decreases loneliness overtime.

These people also begin to incorporate their Internet lives with their non-Internet lives and engage in a presence–control exchange. In this exchange, Internet users start their relationships with relatively high control and gradually trade that for physical closeness as their comfort levels and knowledge of the other person increases. This seems to be the Internet version of social penetration theory, where individuals have a mutual exchange of self-disclosures. As the relationship develops in face-to-face communication the individuals’ disclosures gradually become more revealing and cover a wide range of topics.

Self-disclosure is a method of relationship maintenance, aiming to keep partners satisfied with their relationship. Partners learn a shared communication system, and disclosures are a large part of building that system, which has been found to be very beneficial in highly satisfying relationships. Significant positive relationships have been found between multiple measures of relationship satisfaction and the levels of spouses’ disclosure on the Social Penetration Scale. Further, affection and support are provided to most in the most important ways through marriage. Surveys done by a variety of researchers have found that people list marriage as the ultimate form of intimacy.

What is the matching principle?

Studies have found that, if applied to the use of the Internet by children and their likelihood to disclose personal information, one can find significant correlations with various types of motivation. Children who use the Internet primarily as a source of information are less likely to give out personal information. Some theorize that these children are simply made to be more aware of the dangers of Internet disclosures and are more cautious because of this.

which of the following accounting elements does the matching principle help to match?

Adolescents who disclose have been found to have lower rates of substance abuse, lower rates of risky sexual behaviors, lower anxiety levels, and lower rates of depression. Additionally, those who are well-adjusted, meaning they exhibit the qualities discussed above, generally want and enjoy parental involvement and are likely to disclose more. In contrast, keeping secrets from one’s parents has been linked to more physical illness, poor behavior, and depression in all cultural groups. Many theorize that in at least one significant relationship one should feel able to disclose nearly completely in order for a healthy personality to develop.

Accounting Concepts or Principles – 2

which of the following accounting elements does the matching principle help to match?

However, other research shows that there are certain personality traits that lead to increased loneliness which then leads to increased use of the Internet. An extrovert is someone who is outgoing, enjoys the company of others, requires stimulation, and is spontaneous, while an introvert prefers his or her own company, is quiet, and prefers quiet, small gatherings. Introverts can often be seen as distant and unfriendly because of this behavior which may explain some of their loneliness. A neurotic person is extremely anxious, emotional and reacts in a disproportional way to many situations. Someone high in neuroticism generally has a negative attitude which may push people away and prevent them from forming close relationships which may lead to their loneliness.