9. (3 Points) Choose your answer to the following questions from the list of financial statement concepts below: a) materiality b) conservatism c) going concern d) entity a) says that financial reporting only needs to contain the level of accuracy necessary for decision making. b) says that organizations generally should anticipate losses but should not anticipate gains. c) The concept says the numbers reported are based on the assumption that the organization will continue in operation. 10.14 points! Label each type of cost incurred by an elementary school as fixed, variable, or step-fixed: School buses: Principals solory: Teochers' salaries: Textbooks: 11. 12 points! On December 15, 2016, a donor agrees to contribute $2 for every $1 that the agency raises in its capital campaign, up to $50,000. The capital campaign began on February 1, 201? and as of June 30, 201? the organization has raised $10,000. lumbia University Executive M'PH Program Midterm Exam counting 8r. Budgeting Professor Frank M. (lino