Indicate the generally accepted accounting principle, or method, described in each of the following statements. Indicate your reasoning.

a This inventory cost-flow assumption results in reporting the largest net income during periods of rising prices.

b This method of accounting for uncollectible accounts recognizes the implied income reduction in the period of sale.

c This method of accounting for long-term investments in the securities of unconsolidated subsidiaries or other corporations usually requires an adjustment to net income to determine working capital provided by operations in the statement of changes in financial position.

d This method of accounting for long-term leases by the lessee gives rise to a noncurrent liability.

e The presence of goodwill expense on the income statement indicates that a corporate acquisition has been accounted for using this method.

\(\mathrm{f}\) This inventory cost-flow assumption results in approximately the same balance sheet amount as the FIFO flow assumption.

g This method of amortizing bond premium or discount provides a uniform annual rate of interest revenue or expense over the life of the bond.

\(h\) During periods of rising prices, this inventory valuation basis produces approximately the same results as the acquisition-cost valuation basis.

i When specific customers' accounts are deemed uncollectible and written off, this method of accounting results in a decrease in the current ratio.

\(\mathrm{j}\) This method of depreciation generally provides the largest amounts of depreciation expense during the first several years of an asset's life.

\(\mathrm{k}\) This method of accounting for intercorporate investments in securities can result in a decrease in the investor's total stockholders' equity without affecting retained earnings.

I This method of recognizing income from long-term contracts generally results in the least fluctuation in earnings over several periods.

\(\mathrm{m}\) When specific customers' accounts are deemed uncollectible and are written off, this method of accounting has no effect on working capital.

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n When used in determining taxable income, this inventory cost-flow assumption must also be used in determining net income reported to stockholders.

o Under this method of accounting for long-term leases of equipment by the lessor, an amount for depreciation expense on the leased equipment will appear on the income statement.

p This method of amortizing bond premium or discount provides a uniform annual amount of interest revenue or expense over the life of the bonds.