Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and...
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Accounting
Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and constraints. Pair each item from List A with the item from List B that is most appropriately associated with it.
1. Expense recognition
2. Periodicity
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
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