Thus, the proportion of collisions that can overcome the activation energy for the reaction increases with temperature. The only way to explain the relationship between temperature and the rate of a reaction is to assume that the rate constant depends on the temperature at which the reaction is run.
Top 10 facts about the world. An accounting convention is a practice generally followed by all accountants as a result of custom, although changing norms in the accounting and financial industries result in periodic updates to them. Also known as accounting concepts, they are the groundwork of accounting.ne of the key accounting conventions is consistency. Once accountants adopt an accounting method they feel is appropriate to a client or setting, they continue to use it. This eliminates confusion and situations where accounting is unclear as a result of changing accounting methods.
Convention of Disclosure : The disclosure of all significant information is one of the important accounting conventions. It implies that accounts should be prepared in such a way that all material information is clearly disclosed to the reader.xplain important accounting conventions. The term conventions includes those customs or traditions which guide the accountants while preparing the accounting statements. The following are the important accounting conventions.