Match each of the following terms with the phrase that it best matches.

1. Measures the ability of the company to survive over a long period of time.

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2. Usually excludes items that a company thinks are unusual or non-recurring.

3. Includes all changes in stockholders’ equity during a period except those resulting from investments by stockholders and distributions to stockholders.

4. Indicates the level of full and transparent information provided to users of the financial statements.

5. Describes events and transactions that are unusual in nature and infrequent in occurrence.

6. Expresses each item within a financial statement as a percentage of a base amount.

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