Listed below are several terms and phrases associated with the balance sheet and financial disclosures. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with it. 

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List A List B 1. Balance sheet a. Will be satisfied through the use of current assets. 2. Liquidity 3. Current assets 4. Operating cycle b. Items expected to be converted to cash or consumed within one year or the operating cycle, whichever is longer. c. The statements are presented fairly in conformity 5. Current liabilities 6. Cash equivalent 7. Intangible asset 8. Working capital 9. Accrued liabilities with GAAP. d. An organized array of assets, liabilities, and equity. e. Important to a user in comparing financial information across companies. f. Scope limitation or a departure from GAAP. 10. Summary of significant accounting policies 11. Subsequent events 12. Unqualified opinion 13. Qualified opinion g. Recorded when an expense is incurred but not yet paid. h. Refers to the ability of a company to convert its assets to cash to pay its current obligations. i. Occurs after the fiscal year-end but before the statements are issued. j. Period of time from payment of cash to collection of cash. k. One-month U.S. Treasury bill. 1. Current assets minus current liabilities. m. Lacks physical substance.