Question: Question # 3: (10 points) A- There are various environmental factors that have Influences on the Development of Financial Reporting and on the development of

Question # 3: (10 points) A- There are various environmental factors

Question # 3: (10 points) A- There are various environmental factors that have Influences on the Development of Financial Reporting and on the development of accounting standards. List and explain four main influences? (8 points) . B-When the International Accounting Standards Committee (IASC) was formed? What its main role? (2 points) (IASC) Question # 4: (10 points) A- The scientific method of inquiry, as the name suggests, was developed for bial sciences and not

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