Please do both 14 and 15

C. Transportation Company D. Restaurants E. All of the above are considered as service firms Knowingly understating liabilities and/or expenses is justified based on A. Conservatism Principle B. Matching Principle C. Materiality Principle D. Realization Principle E. None of the Above 15. Valuing assets at their liquidation values is inconsistent with: A. Conservatism Principle B. Materiality Principle C. Going Concern Principle D. Time Period Principle E. None of the Above