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Introduction The underlying assignment aims at identifying limitations of historical cost accounting. Along with it, areas of current cost accounting, exit price accounting, current purchase power accounting, and continuously contemporary accounting are also discussed along with their advantages and disadvantages. In the end, the conclusion is also drawn on the basis of such discussion in order to outline and recommend best option and area of accounting. In all, the underlying assignment provid

Question Images: Find below the case images from the book. The solution is an answer to question 3 of the Case Study Analysis Assignment. Accounting Theory and Accountability - Case Study Analysis Answer 3: Role of an accountant to address climate change (Case Study Analysis Question 3) Accountants have the technical skills and enough knowledge to address climate change topics. For accountants, it is important to implement government carbon reduction schemes to reduce carbon footprints in th