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Question 5 - Environmental Accounting a. In publicly released reports a number of organisations are referring to their social licence to operate. What do you

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Question 5 - Environmental Accounting a. In publicly released reports a number of organisations are referring to their social licence to operate. What do you think they mean by this, and which theoretical perspective can explain what this term means? (10 marks) b. Why do you think that the accounting profession has generally not released any accounting standards pertaining to the disclosure of social and environmental information? Justify your position. (10 marks)

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