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commercial banking QUESTION 4a [8 marks) Some members of the accounting profession are advocating market value accounting for banks. Explain the arguments for and against

commercial banking
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QUESTION 4a [8 marks) Some members of the accounting profession are advocating market value accounting for banks. Explain the arguments for and against market-value accounting. In your answer ensure that you clearly explain real losses and paper losses and the role of moral hazard in the application of market value accounting. Use a simplified bank balance sheet to illustrate your response

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