Question

various names of accounting principles are​

Answer 1

Explanation:

There are a number of principles, but some of the most notable include the revenue recognition principle, matching principle, materiality principle, and consistency principle. ... Completeness is ensured by the materiality principle, as all material transactions should be accounted for in the financial statements.

Answer 2

We are asked to provide the various names of the principles of accounting. The different names of the principles of accounting are as under:

• Accounting principles are the principles that the accountant has to carry out while making his accounts.
• The various names of the principles are as follows:
• The first accounting principle can be Accrual Principle Principle.
• The second accounting principle can be the Going Concern Principle.
• The third accounting principle can be the Time period principle.
• The fourth accounting principle can be the Monetary unit principle.
• The fifth accounting principle can be the Materiality principle.
• The sixth accounting principle can be the Matching principle.
• The seventh accounting principle can be the Full Disclosure Principle.
• The eighth accounting principle can be the Historical Cost Principle.
• The ninth accounting principle can be the Conservatism principle.
• The tenth accounting principle can be the Consistency principle.

PROJECT CODE: #SPJ3

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