(accounting question) State clearly which accounting conventions, assumptions or principles are followed
or violated in each of the following cases. State also the correct procedures to be
followed in each case:
a) Moon Ltd. wishes to decrease the rate of depreciation from 20% to 10%, in view
of the inadequate profit in the current year.
b) Transactions are recorded from the viewpoint of the businessman
c) Accounting transactions are recorded in the books of account without any
supporting documents or evidences.
d) Anticipating profits and spending immediately without providing for any possible
losses.

Tony prince is the project manager for the recreation and wellness intranet project. team members include you, a programmer/analyst and aspiring project manager; patrick, a network specialist; nancy, a business analyst; and bonnie, another programmer/analyst. other people are supporting the project from other departments, including yusaff from human resources and cassandra from finance. assume that these are the only people who can be assigned and charged to work on project activities. recall that your schedule and cost goals are to complete the project in six months for under $200,000.task 2identify at least eight milestones for the recreation and wellness intranet project. write a short paper describing each milestone using the smart criteria. discuss how determining these milestones might add activities or tasks to the gantt chart. remember that milestones normally have no duration, so you must have tasks that will lead to completing the milestone.