12:28 PM Sun Aug 21 AA in Course: 22FALL-ACCT2100-10011-P002 Principles of Accounting Quizlet - Chapter 1 1 ezto.mheducation.com Question 1-Quizlet - Chapter 1-Connect Help Save & Exit Submit Match the following definitions with terms 1 through 10. Place the letter that identifies the best definition in the blank space next to the term. Income statement 200-30 Statement of cash flows Measurement (Cost) principle FASB Mc Graw Hill Securities and Exchange Full disclosure principle Time period assumption Generally accepted Commission accounting principles Balance sheet 10 Statement of retained earnings Match each of the options above to the items below. The concepts and rules that govern financial accounting. Presumes that the life of a company can be divided into periods for reporting purposes. A financial statement that reports the changes in retained earnings over the reporting period. A report that describes a company's financial position at a point in time. A finalstament that declineman nue and avanes and income m Prev 1 of 1 Next > 57% 12:28 PM Sun Aug 21 Mc Graw Hill AA in Course: 22FALL-ACCT2100-10011-P002 Principles of Accounting Quizlet - Chapter 11 1 20 ezto.mheducation.com B Question 1-Quizlet Chapter 1-Connect Help Save & Exit Submit The concepts and rules that govern financial accounting. Presumes that the life of a company can be divided into periods for reporting purposes. A financial statement that reports the changes in retained earnings over the reporting period. A report that describes a company's financial position at a point in time. A financial statement that describes a company's revenues and expenses and computes net income or loss over a period of time. Prescribes that assets and services to be recorded initially on a cash or equal-to-cash basis. The governmental agency that oversees the proper use of GAAP by companies that sell stock and debt to the public. is given the task of setting generally accepted accounting principles from the Securities and Exchange Commission Prescribes that a company report the details behind financial statements that would impact user decisions. A financial statement that identifies cash inflows (receipts) and cash outflows (payments) over a period of time. Previ 1 of 1 Next " 57%