Question: 1. The conceptual framework: a. Purpose of conceptual framework b. Objectives of financial statements c. Performance and position d. Recognition criteria to assets and liabilities,

1. The conceptual framework: a. Purpose of conceptual framework b. Objectives

1. The conceptual framework: a. Purpose of conceptual framework b. Objectives of financial statements c. Performance and position d. Recognition criteria to assets and liabilities, incomes and expenses e. Measurement: historical, current cost, net realisable value, fair value

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