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Question No 3: NZ Conceptual Framework (10 marks) In your report, Andrew requires you to discuss whether the NZ framework is an accounting standard or

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Question No 3: NZ Conceptual Framework (10 marks) In your report, Andrew requires you to discuss whether the NZ framework is an accounting standard or not and also explain how the NZ framework is useful to the preparers of financial statements including MRL. (Word count for the Answer: Approximately 200 words)

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