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As a accounting student why you need to have good understanding of accounting theory ? What is a paradigm? Identify some of the assumptions within

  1. As a accounting student why you need to have good understanding of accounting theory ?
  2. What is a paradigm? Identify some of the assumptions within a paradigm and their implications on the choice of research methods ?
  3. Explain with examples;
  • Accounting standards setting a politics.
  • Accounting as an economic good.
  • Accounting as a social club.

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