Entity general purpose financial statements

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"To achieve the AASB Conceptual Framework 2019 decision usefulness objective, a consistent measurement approach in an entity's general purpose financial statements is the most significant contributing factor."

Discuss this statement. Your persuasive response should include:

an introduction;

one for argument point supporting this statement;

one alternative argument point that discusses a different factor which also contributes to an entity's general purpose financial statements achieving the AASB Conceptual Framework 2019 decision usefulness objective; and lastly

a conclusion that includes a final opinion and valid reason(s).

 

Reference no: EM133272764

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