Match each of the following terms with the appropriate definition. Use each term only once

a. monetary-unit assumption
b. historical-cost principle
c. going-concern assumption
d revenue-recognition principle
e. matching principle
f. accrual accounting
g. accruals
h. deferrals
i. cash-basis accounting
j. detective controls
k. corrective controls
l. preventive controls

_____ 1. Procedures to find errors
_____ 2. Transactions in which the revenue is earned or the expense is incurred before the exchange of cash
_____ 3. An accounting principle which requires that revenue should be recognized when it is earned
_____ 4. An accounting assumption which requires that financial statement items be measured in monetary units
_____ 5. An accounting method in which revenues are recognized when earned and expenses recognized when incurred
_____ 6. Transactions in which the exchange of cash takes place before the revenue is earned or the expense incurred.
_____ 7. An accounting principle which requires that financial statement items should be reported at their costs at the time of the transaction
_____ 8. An accounting method in which revenues are recognized when cash is collected and expenses are recognized when cash is disbursed
_____ 9. An accounting principle which requires that expenses should be recognized in the same period as the revenue they helped generate
_____ 10. An accounting assumption which assumes that a company will continue to be in business in the future
_____ 11. Controls designed to fix errors
_____ 12. Controls designed to prevent an error or irregularity

j, g, d, a, f, h, b, i, e, c, k, l