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Listed below are several statements that relate to financial accounting and reporting. Identify the accounting concept that applies to each statement. Expense recognition (also the going concern assumption) Materiality Revenue recognition The economic entity assumption The going concern assumption The hictariral rnct (nrininal trancartion walual nrinrinle Revenue recognition The economic entity assumption The going concern assumption The historical cost (original transaction value) principle The periodicity assumption Listed below are several statements that relate to financial accounting and reporting. Identify the accounting concept that applies to each statement. Expense recognition (also the going concern assumption) Materiality Revenue recognition The economic entity assumption The going concern assumption The hictariral rnct (nrininal trancartion walual nrinrinle Revenue recognition The economic entity assumption The going concern assumption The historical cost (original transaction value) principle The periodicity assumption