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Q: The International Accounting Standards Board s conceptual framework includes a cost constraint . Which of the following best describes the cost constraint? a. The
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The International Accounting Standards Boards conceptual framework includes a cost constraint. Which of the following best describes the cost constraint?
a. The benefits of the information must be greater than the costs of providing it.
b. Financial information should be free from cost to users of the information.
c. Costs of providing financial information are not always evident or measurable, but must be considered.
d. All of the choices are correct.
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