Match the items below by entering the appropriate code letter in the space provided

A. Materiality G. Historical cost principle

B. Going concern assumption H. Fair value principle

C. Economic entity assumption I. Full disclosure principle

D. Consistency J. Comparability

E. Periodicity assumption K. Monetary unit assumption

F. Cost constraint L. Relevance

1. Weighs the cost of providing information to financial statement users against the benefits to be derived.

2. Same accounting principles and methods used from year to year within a company.

3. Information that has a bearing on a decision.

4. Economic events can be identified with a particular unit of accountability.

5. An item important enough to influence the decision of an investor or creditor.

6. Report assets that are actively traded at their market price

7. The belief that a company will remain in operation for the foreseeable future.

8. The practice of preparing financial reports at regular intervals.

9. Reporting all information that would influence financial statement users.

10. Different companies using the same accounting principles.

11. Reporting only those transactions that can be measured in dollars.

12. The belief that assets should be reported at their purchase price