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'The Matching Process Has Become an Essential Part of Accounting

Question 21

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'The matching process has become an essential part of accounting practice.However,there are many criticisms of this approach.' J.Godfrey,et el,'Accounting Theory',7th Ed.p.353.Outline and discuss the criticisms of matching and briefly explain how standard setters have sought to address these criticisms.

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The matching process in accounting refer...

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