Match each definition with its related term by selecting the appropriate term in the dropdown provided. There should be only one definition per term (that is, there are more definitions than terms). Note: Select "None of these are correct" if there is no Term for the "Definition". Definition A. Record revenues when earned and measurable (when the company transfers promised goods or services to customers, it should record the amount it expects to be entitled to receive). B. The time it takes to purchase goods or services from suppliers, sell goods or services to customers, and collect cash from customers. C. Record expenses when incurred in earning revenue. D. The costs of operating the business that are incurred to generate revenues during the period. E. Report the long life of a company in shorter time periods. F. The amounts earned and recorded from a company's day-to-day business activities, mostly when a company sells products or provides services to customers or clients. G. Result primarily from the disposal of assets for less than their cost minus the amount of cost depreciated in the past. Term Expense recognition principle Losses Operating cycle Revenues Time period assumption None of these are correct