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Designate the terminology that best represents scenario

Please assist me with these questions (also attached):

MATCHING
Instructions: Designate the terminology that best represents the definition or statement given below by placing the identifying letter(s)in the space provided. No letter should be used more than once.

A. Additions and improvements AA. Internal control
B. Allowance method X. Full disclosure principle
C. Amortization Y. Going-concern assumption
D. Available-for-sale securities Z. Held-to-maturity securities
E. Average cost method AB. Inventoriable costs
F. Book value AC. Last-in, first-out method
G. Capital expenditure AD. Matching principle
H. Conceptual framework AE. Materiality
I. Consistency AF. Monetary unit assumption
J. Contra asset account AG. Natural resources
K. Cost method AH. Nominal accounts
L. Cost principle AI. Periodic inventory system
M. Debit AJ. Permanent accounts
N. Declining-balance method AK. Perpetual inventory system
O. Depletion AL. Prior period adjustment
P. Depreciable cost AM. Relevance
Q. Direct write-off method AN. Reliability
R. Discontinued operations AO. Revenue expenditure
S. Earnings per share AP. Revenue recognition principle
T. Economic entity assumption AQ. Stock dividend
U. Equity method AR. Stock split
V. Extraordinary items AS. Time period assumption
W. First-in, first-out method AT. Units-of-activity method

___ 1. The periodic write-off of an intangible asset.

___ 2. The total amount subject to depreciation.

___ 3. The principle that efforts be matched with accomplishments.

___ 4. An expenditure charged against revenues as an expense when incurred.

___ 5. A depreciation method that produces decreasing periodic depreciation by applying a constant rate to the book value of the asset.

___ 6. Use of the same accounting principles and methods from period to period by the same business enterprise.

___ 7. A coherent system of interrelated objectives and fundamentals that can lead to consistent standards.

___ 8. An inventory costing method which assumes that the latest units purchased are the first to be allocated to cost of goods sold.

___ 9. An assumption that requires that the activities of a company be kept separate and distinct from the activities of its owner.

___ 10. A characteristic of information which means it is capable of making a difference in a decision.

___ 11. An assumption that the economic life of a business can be divided into artificial time periods.

___ 12. This method of accounting for uncollectible accounts is required when bad debts are significant in size.

___ 13. An accounting method in which cash dividends received are credited to Dividend Revenue.

___ 14. The disposal of a significant segment of a business.

___ 15. The assumption that the enterprise will continue in operation long enough to carry out its existing objectives and commitments.

___ 16. A system in which detailed records are not maintained and cost of goods sold is determined only at the end of an accounting period.

___ 17. The pool of costs that consist of the cost of the beginning inventory and the cost of goods purchased.

___ 18. The methods and measures adopted within a business to safeguard its assets and enhance the accuracy and reliability of its accounting records.

___ 19. Revenue, expense, and dividends accounts whose balances are transferred to retained earnings at the end of an accounting period.

___ 20. The correction of an error in previously issued financial statements.

___ 21. Debt securities that the investor has the intent and ability to hold to maturity.

___ 22. A pro rata distribution of a corporation's own stock to its stockholders.

___ 23. Events and transactions that are unusual in nature and infrequent in occurrence.

___ 24. An accounting principle that requires assets be recorded at their historical cost.

___ 25. The net income earned by each share of outstanding common stock.

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