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what role has the AASB (Australian Accounting Standards Board) in preparing the standard for the Chart...

what role has the AASB (Australian Accounting Standards Board) in preparing the standard for the Chart of Accounts?? (Please type your answer)

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To what standards does the Chart of Accounts need to be prepared and what role has the AASB(Australian Accounting Standards Board) in this? Discuss in 150 to 180 words.(Please type up your answer) (Please consider this is Australian Accounting environment)
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