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A conceptual framework underlying financial accounting is necessary because future accounting practice problems can

 

be solved by reference to the conceptual framework and a formal standard-setting body will not be necessary.

 true or false

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Question added by Deleted user
Date Posted: 2015/06/14
ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

False--------------------------------------------------

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