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Accounting Theory 1) Pursuant to capture theory :how by whom and why would a regulator be captured?(8 marks) 2) Why would free market' advocates argue
Accounting Theory 1) Pursuant to capture theory :how by whom and why would a regulator be captured?(8 marks) 2) Why would free market' advocates argue that the regulation of financial reporting will lead to an oversupply of accounting rules and standards?(12 marks)
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