Required; Based on the Board's decision, the CFO asks you to draft a business research report addressed to the Board of Directors on the following: a. Explain in your own words the objective of general purpose financial reporting and the qualitative characteristics of useful financial information according to The Conceptual Framework for Financial Reporting (covering OB1-OB21 and QC1- QC39) (10 marks). b. Critically analyse to what extent the latest annual report of your company meets the disclosure requirements for PPE as per AASB 116 (10 marks). c. Based on your findings in part b, critically analyse to what extent the disclosures on PPE satisfy the fundamental and at least one of the enhancing qualitative characteristics of useful financial information (10 marks). d. Based on your findings in part c, critically discuss to what extent the disclosures on PPE align with the objective of general purpose financial reporting and, as a conclusion, recommend actions for improvement (10 marks).