Economic Versus Accounting Income Economists and accountants agree that the concept of income is vitally...
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Economic Versus Accounting Income
Economists and accountants agree that the concept of income is vitally important. However, the two disciplines disagree on what income is and how it should be measured.
Debates:
Present arguments in favor of the economists view of the concept of income.
Present arguments in favor of the accountants view of the concept of income.
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