1,Which Accounting Principle requires that companies disclose all information that would impact's a financial statement user's decision?

a,The Matching (Expense Recognition) Principle

b, The Revenue Recognition Principle

c, The Monetary Unit Assumption

d, The Full Disclosure Principe

2, The Accounting Constraint that prescribes that only information with benefits of disclosure greater than the costs of providing it need be disclosed is the

a, Materiality Constraint

b, Disclosure Contraint

c, Cost Benefit Constraint

d, Information Constraint

3, Which two Accounts increase Equity?

a, Dividends and Expense

b, Stock and Dividends

c, Stock and Revenue

d, Revenue and Expenses

4, What is the natural balance of most Liability Accounts?

a, No answer text provided.

b, Credit

c, Debit

5, Which of the following would decrease Equity?

a, DR: Depreciation Expense

b, CR: Accumulated Depreciation

c, DR: Equipment

d, CR: Revenue