Question: The proponents of neoclassical marginal economics maintain that mandatory accounting

The proponents of neoclassical, marginal economics maintain that mandatory accounting and auditing standards inhibit contracting arrangements and the ability to report on company operations. Opponents of this view argue that market forces alone cannot be relied on to produce the high- quality information required by society.

Required:
Present arguments support both viewpoints. What is your opinion?



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  • CreatedDecember 17, 2014
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