What is the conceptual framework of accounting what is its, Finance Basics

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What is the conceptual framework of accounting what is its

1. What is the conceptual framework of accounting? What is its objective?

2. Identify the characteristics of useful information.

3. Discuss the trade-offs between relevant and reliable information.

4. Distinguish between comparability and consistency.

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Finance Basics: What is the conceptual framework of accounting what is its

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