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5579 Theory Of Income Determination (3) This course will consider the historical and cultural development of accounting principles and the relationship of those principles to economic concepts of profit and cost. Consideration of the economic aspects of accounting measurements will provide a vehicle for exploring accounting problem areas in terms of both internal and external reporting needs. Pertinent literature in the field will be explored as a basis for both oral and written reports. Prerequisites: ACTG 420 or equivalent, or concurrent enrollment in ACTG 420.
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