Which of the following is NOT a major concern about the matching principle?

It illustrates the cause and effect relationship between the resources used to earn revenues and the revenues themselves.

Matching focuses on the income statement while accounting standard setters are moving towards a balance sheet focus.

Matching permits certain costs to be deferred and treated as assets even though they may not meet the definition of assets.

All of these choice are correct; that is$,$ all of these are major concerns about the matching principle.