Identify the accounting concept that relates to each statement or phrase below.

Statement

Accounting Cencept

Intation causes a wollation of Rin assumption.

Intommation that conds aftect decision maling should be reported.

Recognaing expenses in the period they were incured to produce feverve.

The lasin for measurement of many assets and liabilites.

Relates to Requaltative charsclainate of timeliness.

Al economic twerts can be identifed with a paticular entily.

The benatis of providing accounting information should exceed the cost of doing so$.$

Assumes flue evelly wit cortinue indefinitaly.