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Provide an example where there is a trade-off between relevance and faithful representation, Which fundamental characteristic (relevance vs. faithful representation) is more important in your

  • Provide an example where there is a trade-off between relevance and faithful representation,
  • Which fundamental characteristic (relevance vs. faithful representation) is more important in your opinion in that example,
  • Provide the reason for your opinion considering the elements of relevance (predictive value, confirmatory value, materiality) and faithful representation (completeness, neutrality, free from error).

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