Reference no: EM132911963

Keenly go through these questions and answer them correctly.

1.analyze the business entity principle of the accounting framework for any firm

2.what role is played by the Accounting period convention?

3.for how long reasonably can a firm continue functioning as a Going concern?

4.puropse on generating details about the monetary principle for accounting scenarios

5.analyse the accrual concept of accounting together with its synonyms to reflect sufficient accounting information

6.what is termed generally as the Revenue realization concept and it simplications in sane financial accounting?

7.analyze how prudence makes accounting effective as a principle?

8.minimise the goal of accounting to consistency y behaviors

9.where does duality chip in to rectify inefficiencies in accounting?

10.analyze the materiality phenomenon in accounting basing on bribe and expenses