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The general framework of financial accounting is divided into three levels, where the first level includes objectives and the second level is divided into two

The general framework of financial accounting is divided into three levels, where the first level includes objectives and the second level is divided into two parts, elements of financial statements and characteristics of accounting information, and the last level includes three parts: principles, assumptions and determinants? In light of the above, discuss in detail all of the above so that you can refer to various sources for the answer, provided that the writing language is your own (meaning not to copy and paste)

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