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Is accounting an art or a science? Why? Explain the role accounting in the Economy? Differentiate between scientific and professional criticism of conceptual framework. Discuss

  1. Is accounting an art or a science? Why?
  2. Explain the role accounting in the Economy?
  3. Differentiate between scientific and professional criticism of conceptual framework.
  4. Discuss the different types of opportunistic behavior by the Managers.

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