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Question 1 Mariam is a newly appointed accountant at a technology company. Mariam neither has any knowledge regarding the rationale for the adoption of The Conceptual Framework for financial reporting in Malaysia, nor the qualitative characteristics that underlie the preparation of general-purpose financial reporting. Required: In relation to the above statement, and with reference to The Conceptual Framework for Financial Reporting (MASB, 2018), advise Mariam on the following issues: (a) Identify three different user groups of financial statements. For each user group identified, explain their information requirements in respect of financial statements. Sep (6 markah/marks) (b) The IASB's Conceptual Framework refers to the enhancing qualitative characteristics. Explain how these ensure that financial statements are useful to users. Stel 4 markah/marks) (c) State two benefits of convergence of global accounting standards? Stel2 markah/marks)