The three attempts at standard setting in the private sector (CAP, APB, and FASB) have all dealt

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The three attempts at standard setting in the private sector (CAP, APB, and FASB) have all dealt with the need for a theoretical foundation. Why were the CAP and the APB unsuccessful at this endeavor?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:10 AM

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The three attempts at standard setting in the private sector (CAP, APB, and FASB) have all dealt

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The CAP never really attempted to develop a theoretical foundatio...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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