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The objective of the financial reporting in the Conceptual Framework: Multiple Choice can be found on the second level of the Framework. Includes the qualitative

The objective of the financial reporting in the Conceptual Framework:

Multiple Choice

  • can be found on the second level of the Framework.

  • Includes the qualitative characteristics that make accounting information useful.

  • is the foundation for the Framework.

  • Includes the assumptions and principles of the accounting.

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