Problem
1. Of what importance in a conceptual framework or metatheory are, definitions of such basic terms as assets, liabilities, revenues, and _expert Ses?
2. What is the relationship between the economic consequences of accounting standards discussed and the quality of neutrality presented in SFAC No. 2
3. Why must objectives be at the topmost level of a conceptual framework of accounting?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.