Accounting Principles #1 AccoinlingCrosswords.com Conservatism e V Monetary F P mework B re 51071 Cal C in iples V a 1 22 me Peri PC A500 S t onsistency Created with closed-cs.com Across 1. Helps guide the accountant when doubt exists between two alternatives. Associated with the lo. r of cost or market for inventory valuation. 5. The assumption that the purchasing power of the dollar is constant is the it assumption. 8. The Conceptual was a discussion memorandum issued by the FASB in 9. 1970s. Out of this came the FASB Statements of Financial Accounting Concepts. The components of financial statements (assets, revenues, loss, etc). 10. The cost principle is often referred to as the cost principle.