(TCO A) Listed below are several information, characteristics, and accounting principles and assumptions. Match the term with the appropriate phrase that states its application. (Points : 30) Potential Matches: 1 : Accruals and deferrals in adjusting and closing process 2 : Earnings process completed and realized or realizable 3 : The impact of an item on the overall financial operations of a company 4 : Notes as part of necessary information to a fair presentation 5 : Business enterprise assumed to have a long life 6 : Cost of providing financial information versus the benefits derived from its use 7 : Valuing assets at amount originally paid for them 8 : Stable dollar assumption 9 : Presentation of error-free information with representational faithfulness Answer : Going concern principle : Revenue recognition principle : Materiality constraint : Historical cost principle : Monetary unit : Reliability characteristic : Matching principle : Cost-benefit relationship : Full disclosure principle