Business, 18.10.2019 22:00 Lydiac8715

The authoritative status of the conceptual framework is as follows.
it has no authoritative status.
it is not as authoritative as a standard but takes precedence over any interpretation related to the reporting issue.
it is used when there is no standard or interpretation related to the reporting issues under consideration.
it takes precedence over all other authoritative literature.

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The authoritative status of the conceptual framework is as follows.
it has no authoritative s...

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