1. Which of the following items is not part of the directors' report? A Major shareholders B Political donations made during the year Accounting policies adopted 0 Average time taken to pay suppliers E Charitable donations made during the year 7. Which of the following is not included in the scope of the IASB Conceptual Framework? A Measurement of elements of financial statements B Elements of financial statements Historical cost convention D Going concern E Objectives of general purpose financial reporting 8. Which of the following is not identified as a primary user group in the IASB Conceptual Framework? A Existing investors B) Potential investors Auditors Lenders