Explanation:

- Anticipate no profits and provide for all possible losses: This phrase reflects a cautious approach, ensuring that potential losses are accounted for while not recognizing profits until they are realized.

- Consistency: This principle means the same accounting methods should be used over periods to ensure comparability.

- Conservatism: This principle encourages caution, advising that potential expenses and liabilities be recognized immediately, but revenues only when certain. It aligns perfectly with the phrase.

- Materiality: This involves considering the significance of information to decision-makers, focusing on information that could influence decisions.

- Uniformity: This suggests standardization in accounting treatments for comparability, different from the phrase given.

- Correct Answer: Conservatism