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Using the 2018 and 2017 Annual Reports of Thomas Cook and your knowledge on Positive Accounting Theory, as a financial reporting analyst, to what extent

Using the 2018 and 2017 Annual Reports of Thomas Cook and your knowledge on Positive
Accounting Theory, as a financial reporting analyst, to what extent do you believe that
accounting choices might have been affected by management incentives? Identify relevant
examples on accounting practices.

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