Answer:

Principle of Periodicity: Reporting of revenues is divided by standard accounting periods, such as fiscal quarters or fiscal years. Principle of Materiality: Financial reports fully disclose the organization's monetary situation.

For example, if the reporting period for the current year is set at calendar months, then the same periods should be used in the next year, so that the results of the two years can compared on a month-to-month basis.

The regular use of the learning principles while teaching makes it easier for students to actively engage in the learning process since these principles involves going beyond learning only within the four walls of the classrooms which allows students to be more active and engaged in the learning process

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