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Question 1- 750 words Chambers determined that financial reports of companies failed to give a fair idea of their financial positions and profits' (Deegan, 2014,

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Question 1- 750 words Chambers determined that financial reports of companies failed to give a fair idea of their financial positions and profits' (Deegan, 2014, p 182). Explain what Chambers meant by this statement and evaluate whether Chambers' method of accounting, Continuously Contemporary Accounting (CoCoA), adequately addressed this problem Question 1- 750 words Chambers determined that financial reports of companies failed to give a fair idea of their financial positions and profits' (Deegan, 2014, p 182). Explain what Chambers meant by this statement and evaluate whether Chambers' method of accounting, Continuously Contemporary Accounting (CoCoA), adequately addressed this

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