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Question 2 Culture and Harmonisation 20 marks Spend about 45 minutes on this question. Write about 300-400 words in total. Required a) Apply private interest

Question 2 Culture and Harmonisation 20 marks Spend about 45 minutes on this question. Write about 300-400 words in total.

Required a) Apply private interest theory to explain why any two stakeholder groups are likely to support adoption of IFRS in the Pacific. b) Apply Hofstede and Grays frameworks to explain whether your country should adopt IFRS for SMEs.

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