Problem
1. Why is it that postulates stemming from the economic and political climates as well as the customs and viewpoints of the business community would not serve as a good foundation for deducing a set of accounting principles?
2. Why do you think financial executives appear to have a higher mean for materiality Judgments when- expressed as a percentage of net income than either certified public accountants or financial analysts?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.