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1. With reference to the above statement describe what you understand by the concept of materiality and provide examples from your selected annual report.
2. Discuss the problems of materiality in the context of the present AASB / IASB standards and framework using your selected annual report to provide examples.
3. Evaluate the issues of materiality in your selected annual report in the context of AASB / IASB standards and framework.
4. Comment on the relationship between the materiality employed in your selected annual report and the provision of decision useful information; provide examples from your selected annual report.