Question: Provide a short response that is for or against the following statements: Accounting is an exact science. Managers choose accounting procedures that produce the most

Provide a short response that is for or against the following statements:

Accounting is an exact science. Managers choose accounting procedures that produce the most accurate financial picture U.S. accounting standards are influenced more by politics than economics. If FASB and SEC did not require financial disclosures, most companies would provide little to outsiders. Managers manipulate good and bad news about the company

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