10) 11) 12) 13) 14) Explain Dual Aspect concept and provide example. Explain Consistency concept and provide example. Explain Substance Over Form concept and provide example. Explain Separate Determination Concept and provide example. Explain Materiality concept and provide example.
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- 3. The underlying theme of the conceptual framework is: a. decision usefulness. b. understandability. c. reliability. d. comparability.Distinguish between technical analysis and fundamental analysis, highlighting assumption in each case.What are the two inputs required in the preparation of the pro forma statements?
- Answer of the following question related to these characteristics and constraints. When there is agreement between a measure or description and the phenomenon it purports to represent, information possesses which characteristic?Highlight concept of faithful representation and is it valid or not?Ma3. 1. Assess the differences between analytical procedures and observation with the support of relevant examples.