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Question 1 While Accountants see themselves as bookkeepers, financial analysts, auditors, etc., the society tends to perceive them differently. Required; Explain using any five (5)

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Question 1 While Accountants see themselves as bookkeepers, financial analysts, auditors, etc., the society tends to perceive them differently. Required; Explain using any five (5) other perceptions of Accountants 20 marks Question 2 Accounting like any other economic discipline has most of its practices guided by a number of theories. Required; use any four (4) theories to demonstrate the application of theories in accounting practice 20 marks Question 3 Among the problems Accountants have to contend with in modern times are; the effects of Inflation on reported information, Internet financial reporting and treatment of Human Assets in financial statements. Required; Expand 20 Marks Question 1 While Accountants see themselves as bookkeepers, financial analysts, auditors, etc., the society tends to perceive them differently. Required; Explain using any five (5) other perceptions of Accountants 20 marks Question 2 Accounting like any other economic discipline has most of its practices guided by a number of theories. Required; use any four (4) theories to demonstrate the application of theories in accounting practice 20 marks Question 3 Among the problems Accountants have to contend with in modern times are; the effects of Inflation on reported information, Internet financial reporting and treatment of Human Assets in financial statements. Required; Expand 20 Marks

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