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Match each item above with a description below. Ability to easily evaluate one company's results relative to another's. Requirement that a company will continue to
Match each item above with a description below.
Ability to easily evaluate one company's results relative to another's.
Requirement that a company will continue to operate for the foreseeable future.
The judgment concerning whether an item's size is large enough to matter to decision
makers.
The reporting of all information that would make a difference to financial statement
users.
The practice of preparing financial statements at regular intervals.
The quality of information that indicates the information makes a difference in a
decision.
A belief that items should be reported on the balance sheet at the price that was paid
to acquire them.
A company's use of the same accounting principles and methods from year to year.
Tracing accounting events to particular companies.
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