(Answered) Question 1 compare and contrast the development and

Accounting

Question 1: Compare and contrast the development and evaluation of positive accounting theories with normative accounting theories.

Question 2: Identify and explain the perceived benefits that flow from the decision that a country will adopt the International Financial Reporting Standards (IFRS).

Question 3: Is it appropriate for accounting standard-setting bodies to consider culture and religion when devising accounting standards and regulations, particularly given the output of financial reporting is expected to be objective and unbiased? Explain your view.

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