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Match the accounting terminology to the definitions. (Click the icon to view the definitions.) a. oversees the creation and governance of accounting standards in the

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Match the accounting terminology to the definitions. (Click the icon to view the definitions.) a. oversees the creation and governance of accounting standards in the United States b. requires an organization to be a separate economic unit c. oversees U.S. financial markets d. States that acquired assets and services should be recorded at their actual cost e. creates International Financial Reporting Standards f. the main U.S. accounting rule book g. assumes that an entity will remain in operation for the foreseeable future h. assumes that items on the financial statements are recorded in a monetary unit i. requires information to be complete, neutral, and free from material error Accounting Term Definition 7. Cost principle 8. GAAP 9. Faithful representation 10. SEC 11. FASB Accounting Term Definition 12. Monetary unit assumption 13. Economic entity assumption 14. Going concern assumption 15. IASB

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