What is the reason for so many choices, and is it a good thing or bad?

Jul 15th, 2015
Business Finance
Price: $5 USD

Question description

Class, you have come up with some great examples of variability in accounting--and the ones you mentioned are all legitimate uses of different accounting principles and estimates. 

So what do you think--should we continue to allow all of this variability? What is the reason for so many choices, and is it a good thing or bad? 

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(Top Tutor) jameskorth
School: UCLA

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