Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term. A) Discounts future cash flows. B) Basis of measurement for fixed assets. C) Reporting of all information that could affect decisions. D) Occurs when goods or services are transferred to the customer. E) Application of GAAP sometimes avoided under this constraint. 128) Historical cost 129) Materiality 130) Revenue recognition 131) Full disclosure 132) Present value Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term. A) Undermines representational faithfulness by being inconsistent with neutrality. B) Its EITF Issues are GAAP when entered in the Accounting Standards Codification. C) It established GAAP before the FASB. D) It is the national organization for CPAS in the United States. E) It has the authority to set U.S. accounting standards. 133) Financial Accounting Standards Board 134) Accounting Principles Board 135) Conservatism 136) American Institute of CPAS (AICPA) 137) Securities and Exchange Commission