What is the difference between an accounting standard and the Conceptual Framework in terms of authority of

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What is the difference between an accounting standard and the Conceptual Framework in terms of authority of law?
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Accounting Business Reporting For Decision Making

ISBN: 9780730302414

4th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver

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