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Name
Score
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15
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What's standard? Items are recorded when the income and expense arises, not depend on movement of cash.
The consistency principle
The going concern principle
The matching principle
The prudence principle
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15
×
What's standard? Accounts should be produced using the same principles from one year to the next year
The going concern principle
The consistency principle
The prudence principle
The matching principle
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15
×
What's standard? recognizing expenses immediately, and not recognizing income until it is reasonably certain
The going concern principle
The consistency principle
The matching principle
The prudence principle
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15
×
What's standard? When preparing accounts, one must assume that the company will still be viable in the years to come
The prudence principle
The going concern principle
The consistency principle
The matching principle
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×
boom
Lose 50 points!
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fairy
Take points!
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10
15
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25
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gift
Win 20 points!
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baam
Lose 10 points!
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lifesaver
Give 25 points!
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magnet
Take 20 points!
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rocket
Go to first place!
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×
thief
Give points!
5
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25
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