Question: Additional Problem 36 Your study partner is unsure of the difference between the Conceptual Framework and Accounting Standards Required (i) Explain the distinctions between the

Additional Problem 36 Your study partner is unsure of the difference between the Conceptual Framework and Accounting Standards Required (i) Explain the distinctions between the Conceptual Framework and the Australian Accounting Standards (i) Why are some Accounting Standards inconsistent with the Conceptual Framework? (i) Provide two examples of accounting standards that are inconsistent with the Conceptual Framework in the area of valuation of assets and explain the inconsistencies

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