'Politically sensitive firms are likely to understate profits' ' J.Godfrey,et el,'Accounting Theory',7^th Ed.p.384.Explain why this may be so and which firms are likely to be 'politically sensitive'.

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The Answer of 'Politically sensitive firms are likely to understate profits' ' J.Godfrey,et el,'Accounting Theory',7^th Ed.p.384.Explain why this may be so and which firms are likely to be 'politically sensitive'.

'Politically Sensitive Firms Are Likely to Understate Profits' ' J