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What is the ars

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Question: 1. What is the difference between owners; equity accounts representing shareholders; claims as equitv holders versus shareholders; interests as owners.

2. Postulates are supposed to be tight enough to prevent conflicting conclusions being deduced from them. Is this the case with ARS 1?

3. Is it fair to categorize ARS 1 and ARS 3 as failures?

4. How do the imperative postulates (group C) differ from the other two categories of postulates?

Reference no: EM131529473

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