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3. Explain the following with your own hypothetical example: 8 (a) Relationship between Materiality and Full Disclosure principles of Accounting. (b) Differentiate between Relevance and
3. Explain the following with your own hypothetical example: 8 (a) Relationship between Materiality and Full Disclosure principles of Accounting. (b) Differentiate between Relevance and Reliability with help of hypothetical example. (c) Discuss any two measurement bases with your own example. (d) Considering gain from a future uncertain project and show it to the profit and loss account $2000. This a Nonconformity of which Accounting principles- explain in your way.
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