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Match the accounting terminolagy to the definitions. - X Definitions (Click the icon to view the definitions.) Begin with the accounting terms numbered 7 through
Match the accounting terminolagy to the definitions. - X Definitions (Click the icon to view the definitions.) Begin with the accounting terms numbered 7 through 11, then complete 12 through 15. a. oversees the creation and governance of accounting standards in the United States Cost principle 7. b. requires an organization to be a separate economic unit 8 GAAP c. oversees U.S. financial markets Faithful representation 9. d. states that acquired assets and services should be recorded at their actual cost 10. SEC e. creates International Financial Reporting Standards 11. FASB f. the main U.S. accounting rule book 12. Monetary unit assumption g. assumes that an entity will remain in operation for the foreseeable future 13. Economic entity assumption h. assumes that items on the financial statements are recorded in a monetary unit 14. Going concern assumption i. requires information to be complete, neutral, and free from material error 15. IASB Choose from any drop-down list and then continue to the next question Print Done 1:38 PM O Type here to search E 11/16/2019
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