Question: Given everything we have covered to date, do you think accounting should move to a fair value model, return to a historical cost model, or

Given everything we have covered to date, do you think accounting should move to a fair value model, return to a historical cost model, or maintain the mixed measurement model we have and why? Defend your answer using ethical theories?

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In my opinion accounting should maintain the mixed measurement model From an ethical perspective the mixed measurement model can help to promote transparency and accountability in financial reporting ... View full answer

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