Match each phrase from list A with the correct term from list B by placing the letter designating in the answer Colum Material A Scope limitation or a departure from accounting standards B Liquidity Recorded when expense is incurred but not yet paid BB Accrued liabilities C. Reistes to the amount of time before and is converted to cathor ability is paid Periodicity D. Record expenses in the period the related revenue is recognized Intangible asset The theoretical behind we were * Revenue recognition * The statements we presented fairly in conformly with accounting standards Statement of financial position a Criteria y sisted at point of sale A B Qualified opinion Home expected to be converted to cash or consumed within one year or the operating cycle Matching principle L Record expenses in the period the related revenue is recognized Concerns the relative of an dem and its effect on decision - Economic entity assumption