A comprehensive theory of accounting has yet to be developed. Team Debate Team 1: Present arguments that
Question:
Team 1: Present arguments that support reliance on positive theory to develop a general theory of accounting.
Team 2: Present arguments that support reliance on normative theory to develop a general theory of accounting.
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Critical perspectives proponents argue that accounting is not objective Rather the accounting procedures and standards resulted from a complex web of ...View the full answer
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Related Book For 
Financial Accounting Theory and Analysis Text and Cases
ISBN: 978-1118582794
11th edition
Authors: Richard G. Schroeder, Myrtle W. Clark, Jack Cathey
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