Question: 6.25 The IASB Conceptual Framework states that the primary users of general purpose financial reports are existing and potential investors, lenders and other creditors. Do

6.25 The IASB Conceptual Framework states that the primary users of general purpose financial reports are existing and potential investors, lenders and other creditors. Do you think that identifying this group of users will have implications for the measurement basis that is ultimately chosen by the IASB? For example, would historical cost or fair value be more relevant to the primary users that have been identified?

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