Drag the tiles to the correct boxes to complete the pairs. Match the characteristics with their relevant accounting principles.
-materiality
-prudence
-consistency
-objectivity

-Terry hopes to earn a profit of $5,000 next month.
However, he doesn't record it in the book of accounts.
-Investors view financial statements as a reliable document
on which they can base investment decisions.
-The accountant uses the same method of calculating profit.
-A company can back every purchase with a receipt.

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?