Wk 1 - Practice: Knowledge Check [due Day 5] Saved 4 Help Save & Exit Submit Check my work Listed below are several terms and phrases associated with the FASB's conceptual framework. Pair each item from List A with the item from List B that is most appropriately associated with it. 4 List A points 1. Predictive value Skipped 2. Relevance eBook References 3. Timeliness 4. Distribution to owners 5. Confirmatory value 6. Understandability 7. Gain 8. Faithful representation 9. Comprehensive income. 10. Materiality 11. Comparability 12. Neutrality 13. Recognition 14. Consistency 15. Cost effectiveness 16. Verifiability List B Wk 1 - Practice: Knowledge Check [due Day 5] Saved 4 Help Save & Exit Submit Check my work 5 Listed below are several terms and phrases associated with the accounting concepts. Pair each item from List A with the item from List B that is most appropriately associated with it. points List A Skipped eBook References 1. Expense recognition 2. Periodicity assumption 3. Historical cost principle 4. Materiality 5. Revenue recognition 6. Going concern assumption 7. Monetary unit assumption 8. Economic entity assumption 9. Full-disclosure principle List B