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Question 2: A change in the useful life of an asset requires an accounting estimate change, which affects only periods after the change, is made.

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Question 2: A change in the useful life of an asset requires an accounting estimate change, which affects only periods after the change, is made. Is this statement correct or not? Explain. (5 marks) Question 3: Under ASPE, convertible debt must always be treated as debt in its entirety, is this statement correct or not? Explain

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