a) Describe four primary users of financial statements and explain how they benefit from the...

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Accounting

a) Describe four primary users of financial statements and explain how they benefit from the application of the Conceptual Framework and IFRSs to preparation of financial statements. ( 4 marks) b) Explain what measurement in financial statements is and give examples (use information in the solution to Question 1 of Section A) of initial measurement and subsequent measurement.

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