What are the two components of relevance what are the three, Finance Basics

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What are the two components of relevance what are the three

Question: 1. What are the two components of relevance? What are the three components of faithful representation?

2. What is meant by the terms cost effectiveness and materiality in financial reporting?

3. Define the four basic assumptions underlying GAAP.

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Finance Basics: What are the two components of relevance what are the three

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Finance Basics: What are the two components of relevance what are the three

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