GAAP principles, like guiding principles, help us to answer questions about how to manage the accounting process. Select the principle or assumption we'd rely on to answer each of the following questions. 1. We have 40 photocopiers and 50 printers in our 10 locations across Ontario. Do we have to open every device and count the paper in it at the end of every month? 2. Does it really matter if I record the purchase of office supplies as an expense this month and as an asset next month? 3. Audrey of Audrey's Hobbies spent many years developing her brand, and she thinks her brand adds around $50,000 in value to the business. Can she add this amount as an asset on her balance sheet? 4. I had to rent a truck in October to complete a job, but I paid for the rental in November. Should I include the rental expense in October or November? 5. Do I credit a fixed asset account every month when I record its depreciation? Consistency Principle Cost Principle Matching Principle Materiality Principle Objectivity Principle Revenue Recognition Principle Time Period Assumption