Evaluate the statement of Chambers (1995, p. 82) that in the context of judgement of the past
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Evaluate the statement of Chambers (1995, p. 82) that ‘in the context of judgement of the past and decision making for the future, the products of Current Value Accounting of the Edwards and Bell variety are irrelevant and misleading. No budget can properly proceed except from an up-to-date statement of the amount of money’s worth available to enter the budget period’.
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