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 entity to give the same treatment to comparable transactions.

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