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Which of the following statements are true in accordance with the conceptual framework?1- Creditors are a primary user group of financial statements2- The underlying assumption is accrual accounting3- Information is relevant if it is complete, neutral and free from error4- Equity is defined as a residual amount a-1 and2 b-3 and4 c-1 and3 d-1 and4
option d- 1 and 4.
1- Creditors are a primary user group of financial statements
4- Equity is defined as a residual amount
