Question: 3 onts Question 2 - International Accounting a. Why does diversity of accounting practices exist between countries? Should accounting systems be harmonised so that corporate

3 onts Question 2 - International Accounting a. Why does diversity of accounting practices exist between countries? Should accounting systems be harmonised so that corporate moremo (10 marks) b. What is the likely effect on accounting systems if all countries adopted international accounting standards? (10 marks)

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