answer:

Organizational accounting practices is  influenced much by the changing political economy of corporate laws. Now-a -days there is important  development concerns public policy of the pension plans of organizations.

As we all know that, pension plans of organizations influence the financial retirement planning decisions of the most of the working employee  of the organization. Everyone knows that,Politiacal party interest group and SMOs can strongly influence the public policy. It can be define as public policy, propose solution ,aggregate citizen policy influence etc.

when the political organization has direct impact on the policy, the impact politics parties have greater influence then the inmpect of interested group and SMOs

when the political organization has indirect impact on the policy, the impact politics parties have lower influence

Interested group and the SMOs will affect the policy only to the extent their activity provide elected official with the organization

However political part do not have more impacted then interested group