Match the Letter of Each Principle or Assumption or Qualitative

Multiple Choice

Match the letter of each principle or assumption or qualitative characteristic with the appropriate statement.
-Requires the accountant to adhere as closely as possible to verifiable data.

A) Business entity
B) Going concern
C) Time period
D) Monetary unit
E) Historical cost
F) Conservatism
G) Realization
H) Consistency
I) Full disclosure
J) Verifiability
K) Materiality
L) Industry practices