The reasons the promotion of alternative accounting models to historical cost did not succeed include.

Question

Quizplus · Accepted Answer

All of the given options are correct. The promotion of alternative accounting models to historical cost did not succeed because of a lack of agreement on which model was best, the radical and costly nature of the change, and the potential for enormous economic consequences that would lead affected parties to lobby to protect their self-interest.

The Reasons the Promotion of Alternative Accounting Models to Historical