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What areas have estimates been implemented in the accounts

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Problem 1: The management of Wesfarmers Limited has in the process of constructing the financial statements of the Company Group, applied several Accounting policies that involve material judgements and estimates. In what areas have these judgements and estimates been implemented in the accounts? Using examples from the Wesfarmers Limited 2019 Annual Report, explain the concept of Materiality.

Reference no: EM132670010

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