(a) Explain the primary objective of current purchasing power accounting and outline the basic technique. (b) What...

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(a) Explain the primary objective of current purchasing power accounting and outline the basic technique.

(b) What do you consider are the advantages and disadvantages of current purchasing power accounting as a method of adjusting financial statements for price level changes?

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Advanced Financial Accounting

ISBN: 9780273638339

6th Edition

Authors: Richard Lewis, David Pendrill

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