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-The Conceptual Framework outlines a constraint on providing financial reports. Explain this constraint. -The Conceptual Framework identifies qualitative characteristics as fundamental or enhancing. Describe each

-The Conceptual Framework outlines a constraint on providing financial reports. Explain this constraint.

-The Conceptual Framework identifies qualitative characteristics as fundamental or enhancing. Describe each of the qualitative characteristics. What makes a qualitative characteristic fundamental or enhancing? Do you believe this is an important distinction?

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