I am writing about a hypothetical company. Assume it has three retail outlets in Auckland, is registered under the Company's Act 1993, and is also listed on the New Zealand Stock Exchange (NZX). Also, assume the company has an average annual revenue of $49 million and assets of $85 million for the last two years. I need help answering the questions below:

1. What is the relevant accounting legislation that applies to this company regarding the preparation of financial statements?

2. What is a General Purpose Financial Report (GPFR), and does this hypothetical company need to create one?

3. How are different sectors and various tiers in New Zealand applied under the accounting standards framework (XRB A1), and how would it be applied to the company?

4. Does the IASB Conceptual Framework for financial reporting in Germany apply to New Zealand entities?

5. What is the importance of the IASB Conceptual Framework for Financial Reporting?