answer in your own words

Quaid-E-Azam College of Commerce University of Peshawar Paper: Advanced Accounting Theory Program: M Com Examination: Final-Term Semester: 4th Time Allowed: 02:00 PM to 7:30 PM; Dated: August 20, 2020; Total Marks: 50 Q.1. Compare and contrast events approach with value approach in detail. (Marks: 10) Q.2. What is human information processing approach? Explain its components. (Marks: 10) Q.3. Explain "Heuristics and probabilistic judgement in accounting". (Marks: 10) Q.4. Describe the cognitive-style approach and also explain "Cognitive relativism in accounting". (Marks: 10) Q.5. What is cultural relativism in accounting? Describe cross-cultural research in accounting and its reasons. (Marks: 10)