Question: Question-3: In the case of developing nancial accounting standards, do you believe that regulatory intervention can always be considered as 'fair' and 'neutral'? If not,

Question-3: \"In the case of developing nancial accounting standards, do you

believe that regulatory intervention can always be considered as 'fair' and 'neutral'?

Question-3: \"In the case of developing nancial accounting standards, do you believe that regulatory intervention can always be considered as 'fair' and 'neutral'? If not, why not? Critically explain your answer in the light of relevant theories relating to the regulation of nancial accounting. Give at least one example to support each theory discussed. (9 marks)

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