Select the assumption, principle, or constraint that most appropriately justifies these procedures and practices. (Do not use qualitative characteristics.)

a. Fair value changes are not recognized in the accounting records.
b. Accounts receivable are recorded for sales on account rather than waiting until cash is received.
c. Financial information is presented so that investors will not be misled.
d. Intangible assets are capitalized and amortized over periods benefited.
e. Brokerage companies use fair value for purposes of valuing financial securities.
f. Each enterprise is kept as a unit distinct from its owner or owners.
g. All significant post-statement of financial position events are reported.
h. Revenue is recorded at point of sale.
i. All important aspects of bond indentures are presented in financial statements.
j. Rationale for accrual accounting.
k. The use of consolidated statements is justified.