TLALLALLAL LALLAL`` ALLL TILL BLOGLITTLEINVITES AllILL WillLLLLPILL` LI``_ LIG`LL ITI Tilla LilaLILLY . 1 . Full disclosure principle . 4 . Time period assumption . 2 . Going concern assumption . 5. Historical cost principle . 3. Monetary unit assumption . 6 . Economic Entity assumption . THEstructions Identify by number the accounting assumption or principle that is described below . Do not use a number more than once . ( a ) Is the rationale for why plant assets are not reported at liquidation value. ( Note : Do not use the historical cost principle . !" ( b ) Indicates that personal and business record - keeping should be separately maintained . [ ) Assumes that the dollar is the" measuring stick" used to report on financial performance . ( d ) Separates financial information into time periods for reporting purposes . ( C ) Indicates that companies should not record in the accounts fair value changes subsequent to purchase . ( 1) Dictates that companies should disclose all circumstances and events that make a difference to financial statement LISET's