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After reading case 1-2 Standard Setting: Politicization of accounting standards - A necessary act? in the textbook, write an essay that includes the following elements:

After reading case 1-2 Standard Setting: "Politicization of accounting standards - A necessary act?" in the textbook, write an essay that includes the following elements:

  1. A formal introduction.
  2. Answers to questions (a) through (e) of the case, focusing on the possible erosion of the independence of the accounting standard-setting process.
  3. A conclusion.

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