Match the characteristics with their relevant accounting principles. A.) materiality B.) prudence C.) consistency D.) 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. ​

When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue. accounts receivable and crediting interest revenue. notes receivable and crediting accounts receivable and interest revenue. notes receivable and crediting accounts receivable.

Why should managers invest any excess cash

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)