Identify the accounting assumption or principle that is described below.

Identify the accounting assumption or principle that is described below.

(a)		Historical cost principle. Economic entity assumption. Going concern assumption. Full disclosure principle Monetary unit assumption. Periodicity assumption		Is the rationale for why plant assets are not reported at liquidation value. (Note: Do not use the historical cost principle.)
(b)		Monetary unit assumption. Periodicity assumption Historical cost principle. Economic entity assumption. Going concern assumption. Full disclosure principle		Indicates that personal and business record-keeping should be separately maintained.
(c)		Going concern assumption. Monetary unit assumption. Economic entity assumption. Historical cost principle. Periodicity assumption Full disclosure principle		Assumes that the dollar is the “measuring stick” used to report on financial performance.
(d)		Periodicity assumption. Going concern assumption. Historical cost principle. Full disclosure principle. Monetary unit assumption. Economic entity assumption.		Separates financial information into time periods for reporting purposes.
(e)		Full disclosure principle. Historical cost principle. Going concern assumption. Economic entity assumption. Monetary unit assumption. Periodicity assumption.		Measurement basis used when a reliable estimate of fair value is not available.
(f)		Going concern assumption. Monetary unit assumption. Periodicity assumption. Historical cost principle. Full disclosure principle Economic entity assumption.		Dictates that companies should disclose all circumstances and events that make a difference to financial statement users.