I. Match Column A to B.

C 1. The information helps them gauge to stability a. Public

and profitability of their employers.

M 2. Set out the general concepts that underlie the b. customer

preparation and presentation of financial
statements in the absence of a specific standard.

G 3. they are interested in the information about the c. employee

continuance of an entity , especially when they
have a long-term involvement with , or are
dependent on it

J 4. A structured financial statement that shows the d. management

assets, liabilities, and equity of a business entity as
of a given date.

A 5. best assist them by providing information about e. lenders banks and

the trends and recent developments of the other financial
business entity and the range of its activities institutions

E 6. They look for information that enables them to f. suppliers and Other
determine whether their loans and the interest trade creditors
earned can be paid when due.

F 7. outlines the specific provisions and requirements g. investors

in presenting and preparing the financial
statements

K 8. A financial statement that reflects all the h. government

elements that causes changes in an owner's equity
between two dates of the statement of financial
position.

L 9. A financial statement that provides information i. financial statements

about the historical changes of inflows and
outflows in cash and cash equivalents.

I 10. Considered the final product of the Whole j. statement of financial

accounting process. position

N 11. The information allows them to determine k. statement of

whether amounts owed to them can be paid when changes in owner's equity
due.

D 12. The information Helps them carry out planning, l. cash flow statement
decision-making, and control responsibilities.
O 13. requires that the presentation and classification m. Framework
of items in the financial statements are retained
from one period to the next

B 14. The information help them determine if they n. standards

should buy, hold, or sale their investments.

H 15. The information helps them regulate the o. Consistency

activities of businesses , formulate taxation policies
, and compute the national income, and similar in
statistics