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NEW QUESTION 21
In the context of a regulatory framework, a principles-based system
Answer: B
NEW QUESTION 22
Which one of the following would be included in a statement of financial position?
Answer: D
NEW QUESTION 23
The International Accounting Standards Board's Conceptual Framework for Financial Reporting for the preparation and presentation of financial statements is concerned with the information needs of most users, but not for each possible user.
Which one of the following stakeholders would not be one of the users that the Conceptual Framework is concerned about?
Answer: A
NEW QUESTION 24
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