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3. Looked at the different theories of accounting a. Normative theory and positive theory - be able to define and know the differences b. Why

3. Looked at the different theories of accounting a. Normative theory and positive theory - be able to define and know the differences b. Why is it important / useful to know the various theories c. Looked at what is contingency theory d. Looked at legitimacy theory - looked at the 4 ways in which organisations can obtain and maintain legitimacy theory

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