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1. Discuss the Marxist critique of accounting. (5 Marks) 2. Compare and contrast critical accounting research with social and environmental accounting research. Marks) (5 3.

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1. Discuss the Marxist critique of accounting. (5 Marks) 2. Compare and contrast critical accounting research with social and environmental accounting research. Marks) (5 3. Discuss some arguments in favour of reducing regulation (5 Marks) 4. Explain the 'capture theory' of accounting. Is this theory in favour of or against regulation in accounting? (5 Marks) 5. Discuss level 1, level 2, and level 3 fair value measurements. (5 Marks) (Total: 25 Marks)

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