Using the Excel file provided below as a starting point, or by creating your own Excel file, complete the following problem, and submit your assignment as an attachment here. Be sure to save your work before you submit, and present your work in a reasonable format with major answers highlighted. Because you have plenty of time to do this assignment, and given that the textbook is available for your use, this assignment should really be close to perfect.

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Here is the problem:

This is a matching exercise. The 10 numbered items listed below are explanations of specific terms and/or concepts pertained to the conceptual framework of accounting.

1	An assumption that would be unreasonable to use in reporting on a firm that had become insolvent
2	Requires a company to use the same accounting procedures and practices through time
3	Required if the accounting treatment differs from that previously used for a particular item
4	An assumption that the life of an entity can be subdivided into time periods for reporting purposes
5	The assumption that economic activity can be measured by a monetary unit such as the dollar
6	None of these
7	Concerned with relative size of dollar amounts
8	A common basis for the recording of assets
9	The current body responsible for setting accounting standards in the United States
10	Requires separation of personal from business activities in the recording and reporting processes

The lettered items below are specific terms or concepts pertaining to the conceptual framework of accounting.

A	Historical cost
B	Going concern
C	FASB
D	Expense recognition
E	Consistency
F	Money measurement
G	Periodicity
H	Business entity
I	Full disclosure
J	Materiality

Required: On the form provided, match the items in the two lists above by placing the number and the term or concept in the spaces provided. (Please note that none of the terms are used twice, and all 10 items should be matched.)