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Question:
The Statement of Principles for Financial Reporting sets out the principles that should underlie the preparation and presentation of general-purpose financial statements Required:
a) Discuss the objectives of financial statements as explained in the Statement of principles
b) Discuss how the financial information about the activities of an entity is of particular interest to investors
c) The aim of information to be included in financial statements is to ensure that financial statements yield information that is useful.
Discuss the qualities of financial information that make it useful.
Question : (a) A company wants to purchase a plant for its expanding operations. The desired plant is available at Rs 300,000 in cash. Alternatively, the company has the option
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Question 1 Write short notes on following- Explain any five important functions of accounting What is Book-Keeping? Explain features of book-keeping Question 2 Ex
drow decision table of financee managment system
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