Positive versus Normative Accounting Theory A comprehensive theory of accounting has yet to be developed. Arguments Argument
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Question:
Positive versus Normative Accounting Theory
A comprehensive theory of accounting has yet to be developed.
Arguments
Argument 1:Present arguments that support reliance on positive theory to develop a general theory of accounting.
Argument 2:Present arguments that support reliance on normative theory to develop a general theory of accounting.
Which argument would you choose and why
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