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What is the impact on relevance and reliability with the implementation of the valuation approach to financial reporting: Question 7 options: Relevance decreases; reliability increases

What is the impact on relevance and reliability with the implementation of the valuation approach to financial reporting:

Question 7 options:

Relevance decreases; reliability increases

Relevance increases; reliability decreases

No impact on relevance

No impact on reliability

No impact on either relevance or reliability

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