Give the assumption or principle that would have been violated if the following entries or information had not been given:

A owner of different businesses wants to combine all of them into one set of financial statements but was not allowed to by her auditor.

Recognizing the cost of using and economic resources to generate

revenues must made in the same accounting period that the revenues

are earned.

A company wants to change how it reports its inventory from FIFO to LIFO, however their auditor does not allow the change.

At the end of a fiscal year, a company that does business in different

countries, must use the foreign exchange rates to calculate and report the

economic transaction made in those countries.

The asset, liabilities, and owners equity is adjusted at the end of the year

to their current values because the auditors believe the company is in

financial difficulty and may not be able to survive.

A company changes their depreciation method from double

declining balance method to the straight line method and reports it in

the footnotes to the Financial Statements.