Explain the use of this term deprival value

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Question: 1. The "uncertainty principle" of the famous physicist, Werner Heisenberg, states that physical phenomena cannot be precisely measured because the verves of-measuring-affects-the phenomenon being measured. Which of me directions of accounting research discussed in the chapter does Heisenberg's uncertainty principle relate to most closely?

2. Why do you think the term "deprival value" has been used to describe this particular replacement cost concept?

Reference no: EM131529346

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