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1)Discuss the motivations ascribed to regulators in each of the public interest, capture and economic interest theory of regulation? The setting of accounting standards requires

1)Discuss the motivations ascribed to regulators in each of the public interest, capture and economic interest theory of regulation? The setting of accounting standards requires some assessment of economic and other benefits and costs.What are the ethical issues involved?Is it possible to avoid ethical issues in developing accounting standards?

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