Here are some concepts related to the conceptual framework discussed in this chapter: 1. Going concern assumption 2. Reporting entity concept 3. Completeness 4. Historical cost 5. Cost constraint 6. Materiality Identify the concept that describes each situation below. a. Barb Denton runs her accounting practice out of her home. She separates her business records from her household accounts. b. The cost to provide financial information should not be more than the benefits. c. Significant accounting policies are reported in the notes to the financial statements. d. Assets are not stated at their liquidation value. (Note: Do not use concept number 4, historical cost.) e. Dollar amounts on financial statements are often rounded to the nearest thousand. f. Land is recorded at its cost of $100,000 rather than at its market value of $150,000