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  3. which of the following statements is not correct?

Which of the following statements is not correct? The IASBs Conceptual Framework identifies potential investors...

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Accounting

Which of the following statements is not correct? The IASBs Conceptual Framework identifies potential investors as a primary user group of general purpose financial reports. All general purpose financial reports are prepared in accordance with accounting standards. SAC 1 Definition of the Reporting Entity defines a general purpose financial report as a report intended to meet the information needs of users who are unable to command the preparation of reports tailored to satisfy their information nee

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