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Describe TWO (2) qualitative characteristics on useful financial reporting. (4 marks) List any F OUR (4) accounting regulatory bodies available in Malaysian environment. (4 marks)

  1. Describe TWO (2) qualitative characteristics on useful financial reporting.

(4 marks)

  1. List any FOUR (4) accounting regulatory bodies available in Malaysian environment.

(4 marks)

  1. Explain THREE (3) functions of Financial Reporting Foundation.

(6 marks)

  1. Explain THREE (3) users of financial statements.

(9 marks)

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