List  I List II
(a) Going Concern Concept (i) The same accounting method used by a firm from one period to another
(b) Consistency (ii) Relates to the relative size or importance of an item or event
(c) Cost Principle (ii) An inappropriate assumption for a firm undergoing bankruptcy
(d) Materiality (iv) The normal basis used to account for assets.
  • A
    (a) (b) (c) (d)
    (i) (ii) (iii) (iv)
  • B
    (iv) (iii) (ii) (i)
  • C
    (iii) (ii) (iv) (i)
  • D
    (iii) (i) (iv) (ii)