AcctChp1 - Question 1: Score 1/1 Your response Exercise 1-9...

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Question 1: Score 1/1 Your response Exercise 1-9 Basic assumptions, principles, and constraints LO6 through LO8 Listed below are several terms and phrases associated with basic assumptions, underlying principles, and constraints. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with it. List A List B D (11 %) 1 . Matching principle a . The enterprise is separate from its owners and other entities. G (11 %) 2 . Periodicity b . A common denominator is the dollar. E (11 %) 3 . Historical cost principle c . The entity will continue indefinitely. I (11 %) 4 . Materiality d . Record expenses in the period the related revenue is recognized. H (11 %) 5 . Realization principle e . The original transaction value upon acquisition. C (11 %) 6 . Going concern assumption f. All information that could affect decisions should be reported. B (11 %) 7 . Monetary unit
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AcctChp1 - Question 1: Score 1/1 Your response Exercise 1-9...

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