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The IASB conceptual framework specifically identifies accrual basis accounting as one of its fundamental assumptions TRUE OR FALSE: 1. Materiality is one of the basic assumptions of accounting used by the International Accounting Standards Board (IASB). 2. Periodicity is one of the basic assumptions of accounting used by the International Accounting Standards Board (IASB). 3. Timeliness is one of the basic assumptions of accounting used by the International Accounting Standards Board (IASB). 4. The periodicity basic assumptions of accounting (used by the International Accounting Standards Board) makes depreciation and amortization policies justifiable and appropriate. 5. The IASB conceptual framework specifically identifies accrual basis accounting as one of its fundamental assumptions. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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The IASB conceptual framework specifically identifies accrual basis accounting as one of its fundamental assumptions
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