ACC419 – 2019

______ is the sum of share capital and reserves.
Information is _______ if its omission or misstatement could influence the decisions of users or assessments made on the financial statements
Which of the following is a fundamental qualitative characteristics of financial statement
The elements of financial statements as stipulated in the conceptual framework consist of the following, except _______
_____are recognized in the Statement of Financial Position (SFP) when and only when it is likely that the outflow of future economic benefits related thereto would arise and the value of the assets can be reliably measured
_______ means that financial information must be complete, neutral and free from error.
______ is the sum of share capital and reserves.
The elements of financial statements as stipulated in the conceptual framework consist of the following, except _______
are related thereto would arise and the value of the assets can be reliably measured

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