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1. What are some of the shortcomings of teaching accounting only as a skill? 2. What would you consider to be Luca Paciolis major contribution

1. What are some of the shortcomings of teaching accounting only as a skill?

2. What would you consider to be Luca Paciolis major contribution to the development of double-entry bookkeeping?

3. Describe how accountants in Britain responded to public criticisms. 4. What need has the changing definition of accounting fulfilled?

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