The chairman of the board of directors of the company for which you are c...
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Accounting
The chairman of the board of directors of the company for which you are c accountant has told you that he has little use for accounting figures based on cost. He believes that replaceme hief nt values are of far more significance to the Assignment: Present some arguments to convince him that accounting data should still be based on cost. Scoring criteria: 1. Idea, Content, Thoughts Expressed 2. References (personal experience, textbooks, readings, Internet) 3. Uniqueness (presenting an original thought not expressed by others)

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