Listed below are several terms and phrases associated with the FASB's conceptual framework. Pair each item from List A with the itenm from List B that is most appropriately associated with it. List A List B 1. Predictive value 2. Relevance 3. Timeliness 4. Distribution to owners 5.Confirmatory value 6. Understandability 7. Gain 8. Faithful representation 9.Comprehensive income Agreement between a measure and the phenomenon it purports to represent. Applying the same accounting practices over time Concerns the relative size of an item and its effect on decisions Decreases in equity resulting from transfers to owners 10. Materiality 11Comparability 12. Neutrality 13. Recognition 14. Consistency 15. Cost effectiveness 16.Verifiability