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Question 4 What are the fundamental principles of measurement in accounting? Describe how an organisation can enhance the faithfulness of information. (4 marks) (b) Distinguish

Question 4

  1. What are the fundamental principles of measurement in accounting? Describe how an organisation can enhance the faithfulness of information. (4 marks)

(b) Distinguish between current purchasing power accounting, current cost accounting, and continuously contemporary accounting. (6 marks)

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