What is a conceptual framework? Why is a conceptual framework necessary in financial accounting?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Dec 10, 2010 12:44 AM

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What is a conceptual framework? Why is a conceptual framework necessary in financial accounting?

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A conceptual framework is a coherent system of interrelated object...View the full answer

Intermediate Accounting

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