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1. (6 points) Briefly describe the three levels of the conceptual framework of financial accounting. Indicate all items in each level, including basic objective, fundamental
1. (6 points) Briefly describe the three levels of the "conceptual framework" of financial accounting. Indicate all items in each level, including basic objective, fundamental qualities, ingredients, and enhancing qualities, elements of financials, basic assumptions and principles, and constraints. Basic Objective: Fundamental Qualities and Ingredients: Enhancing Qualities: Elements of financials: Basic Assumptions: Basic Principles: Constraint
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