Team 1
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Team 2
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Teams
Name
Score
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thief
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25
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fairy
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25
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fairy
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20
25
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thief
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10
15
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25
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eraser
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seesaw
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rocket
Go to first place!
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thief
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5
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15
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What's standard? When preparing accounts, one must assume that the company will still be viable in the years to come
The going concern principle
The matching principle
The consistency principle
The prudence principle
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15
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What's standard? recognizing expenses immediately, and not recognizing income until it is reasonably certain
The consistency principle
The prudence principle
The matching principle
The going concern principle
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15
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What's standard? Accounts should be produced using the same principles from one year to the next year
The prudence principle
The consistency principle
The going concern principle
The matching principle
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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 prudence principle
The matching principle
The consistency principle
The going concern principle
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