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Explain and compare the choice of measurement and valuation model which the selected companies use for their accounts regarding the two below fundamental qualitative characteristics

Explain and compare the choice of measurement and valuation model which the selected companies use for their accounts regarding the two below fundamental qualitative characteristics of Conceptual Framework (1200 words). Please choose Conceptual Framework, AASB 116 and four academic articles to support your explanations.

a. Relevance

b. Faithful representation

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