Match the following

List-I	List-II
a. Income is measured and financial position is assessed	1. Consistency concept
b. Anticipate no profit and provide for all possible losses	2. Going concern concept
c. Assets are depreciated on the basis of expected life rather than on the basis of market value	3. Conservatism concept
d. The comparison of one accounting period with that in the past is possible	4. Matching concept

A. a-4, b-3, c-2, d-1

B. a-2, b-1, c-4, d-3

C. a-4, b-3, c-1, d-2

D. a-3, b-4, c-2, d-1

Answer: Option A