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6.3. Is there a conflict between Relevance and Reliability? Discuss which is more useful to the users of the financial statements? 6.4. How are these

6.3. Is there a conflict between Relevance and Reliability? Discuss which is more useful to the users of the financial statements?

6.4. How are these qualities related to Historical cost and market value or present-value concepts (present-value concepts as used in economics and finance)?

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