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One condition required by IFRS is that a voluntary change in accounting policy must result in information that is more relevant, but equally as reliable

One condition required by IFRS is that a voluntary change in accounting policy must result in information that is

  1. more relevant, but equally as reliable as before.
  2. more reliable, but equally as relevant as before.
  3. both more reliable and more relevant.
  4. more reliable than before.

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