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Question 5 Miscellaneous Topics 20 marks 5 marks per question a) Stakeholder theory - explain how and why it is applicable to you. b) How

Question 5 Miscellaneous Topics 20 marks

5 marks per question

a) Stakeholder theory - explain how and why it is applicable to you.

b) How do the two fundamental qualities as per Conceptual Framework contribute to useful information?

c) Explain with an example as to how historical cost contributes to the additivity problem.

d) Identify and explain two differences between old and new definition of fair value.

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