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An entity is permitted to depart from a particular standard if all of the following conditions aresatisfied, except a.In extremely rare circumstances b.When management concludes

An entity is permitted to depart from a particular standard if all of the following conditions aresatisfied, except

a.In extremely rare circumstances

b.When management concludes that compliance with the standard would be misleading

c.When he departure from the standard is necessary to achieve fair presentation

d.When the conceptual framework for financial reporting prohibits such a departure

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