Exercise 1-02 Match each term or phrase to its description below. a. Assets = Liabilities + Stockholders' Equity. b. An individual who has met certain criteria and is thus allowed to perform audits of corporations. c. Payments of cash from a corporation to its stockholders. d. The cost of assets consumed or services used in the process of generating revenues. e. Amounts owed to creditors in the form of debts and other obligations. f. A section of the annual report that presents management's views on the company's ability to pay near-term obligations, its ability to fund operations and expansion, and its results of operations. g. The amount by which expenses exceed revenues. h. The increase in assets or decrease in liabilities resulting from the sale of goods or the performance of services in the normal course of business. i. Regulations passed by Congress to reduce unethical corporate behavior. j. A business owned by one person. k. The owners' claim to assets