Question: Discussion Topic 2 Fair value accounting has led to some heated debates among the accounting community due it being so potentially subjective in nature. Do

Discussion Topic 2 Fair value accounting has led to some heated debates among the accounting community due it being so potentially subjective in nature. Do you think that fair value accounting should be allowed? If yes, say where and why? If not, say why not? Provide specific details to support your opinion in your response.

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