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Accounting
need 400 words for each question.donot copy paste from net answer these in 2 hour in your own wording thankyou
QUESTION 25 The Conceptual Framework for Financial Reporting describes the basic accounting concepts by which financial statements are prepared. Required: Identify any FOUR accounting concepts, explain the meaning of each concept and provide an example of how each concept is applied in the preparation and presentation of Financial Statements. QUESTION 26 Several users of financial statements exist who have differing needs and requirements from the accounting information. Required: Identify any FOUR different user groups and explain the reason each may be interested in a company's financial statements
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