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1 According to the Conceptual Framework, qualitative characteristics of accounting information are essential to assist decision making process. In your own words, explain: a. How
1 According to the Conceptual Framework, qualitative characteristics of accounting information are essential to assist decision making process. In your own words, explain: a. How to fundamental qualitative characteristics of accounting information enable the management decision making process? b. The trade-off between fundamental qualitative characteristics and enhancing qualitative characteristics (at least TWO)? [Question 1: 5 marks]
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