The pursuit of conceptual framework

The pursuit of conceptual framework

Introduction

Q1) Explain why Sprouse and Moonitz say that quantification is relevant

According to the Sprouse and Moonitz quantitative data are extremely cooperative in taking crucial economic decision. In other words, it could also be defined as this data assess the decision making personal in taking appropriate actions after reviewing all the available options so that they can easily relay those action with possible positive or negative consequences.

The assumption made by Spourse and his partner is relevant with the actual principles of accounting. For instance, according to American association of accounting “the major role ...