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Each answer need to be 2 pages with references and cite! 1.What are the main differences between accounting for a defined contribution plan and accounting for a defined benefits plan (you can addres

Each answer need to be 2 pages with references and cite!

1.What are the main differences between accounting for a defined contribution plan and accounting for a defined benefits plan (you can address one of the main differences)?  What kind of plan would you prefer and why?

2.Why do financial accountants (vs. tax accountants) need to consider the financial reporting requirements pertaining to taxes (you can address one of the considerations)?

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