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The IASB uses the Conceptual Framework for Financial Reporting to assist in developing new standards. Which of the following is NOT covered by the Conceptual

The IASB uses theConceptual Framework for Financial Reportingto assist in developing new standards.

Which of the following is NOT covered by theConceptual Framework?

A.The format of financial statements

B.The objective of financial statements

C.Measurement bases

D.The elements of financial statements

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