More cards in this set

Card 6

Front

What is going concern?

Back

Preview of the front of card 6

Card 7

Front

What is accurals?

Back

Preview of the front of card 7

Card 8

Front

How is the accruals concept applied to closing inventory?

Back

Preview of the front of card 8

Card 9

Front

How is the accruals concept applied to depreciation?

Back

Preview of the front of card 9

Card 10

Front

How is accruals concept applied to expense adjustments?

Back

Preview of the front of card 10

Card 11

Front

What is the consistency concept?

Back

Preview of the front of card 11

Card 12

Front

What is the prudence concept?

Back

Preview of the front of card 12

Card 13

Front

What is the materiality concept?

Back

Preview of the front of card 13

Card 14

Front

What is the realisation concpet?

Back

Preview of the front of card 14

Card 15

Front

What is business entity?

Back

Preview of the front of card 15