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Question: 1. Several occupations within two of the a fore mentioned disciplines are listed here. Which do you think come closest to being scientific? Accounting researcher v Chief accountant for an industrial firm Medical Researcher Doctor (general practitioner)

2. What are some of the pitfalls of empirical research?

3. Why might the managers of very large firms be against accounting standards that would increase their reported income and be in favor of those that would lower their reported income?

Accounting Basics, Accounting

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