List A List B

a$.$ Will be satisfied through the use of current assets.

b$.$ Items expected to be converted to cash or consumed within one year or the operating cycle, whichever is longer.

c$.$ The statements are presented fairly in conformity with GAAP.

d$.$ An organized array of assets, liabilities, and equity.

e$.$ Important to a user in comparing financial information across companies.

f$.$ Scope limitation or a departure from GAAP.

g$.$ Recorded when an expense is incurred but not yet paid.

h$.$ Refers to the ability of a company to convert its assets to cash to pay its current obligations.

i$.$ Occurs after the fiscal year$-$end but before the statements are issued.

j$.$ Period of time from payment of cash to collection of cash.

k$.$ One$-$month U$.$S$.$ Treasury bill.

l$.$ Current assets minus current liabilities.

m$.$ Lacks physical substance.

n$.$ Information about environmental, social, and governance factors related to company operations.