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ESTION FOUR A. Define conceptual framework and state any five (5) main usefulness of a conceptual framework B. Explain the three (3) main fundamental qualitative

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ESTION FOUR A. Define conceptual framework and state any five (5) main usefulness of a conceptual framework B. Explain the three (3) main fundamental qualitative characteristics of financial statements C. State Five (5) benefits Ghana has derived from the adoption of the International Financial Reporting Standards (IFRS) D. State the main components of financial statement and Explain the five (5) key Elements of a financial statement (25 Marks)

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