Positive Accounting Theory Seeks To

question 48

Multiple Choice

Positive Accounting Theory seeks to:

• A) Prescribe which accounting methods should be used in particular circumstances.
• B) Explain and predict which accounting methods management is likely to select from available choices.
• C) Describe how social relationships are implicated in lobbying by interest groups in accounting standard setting.
• D) Formulate an understanding of how accountability to a broader set of stakeholders should be achieved.
• E) None of the given Answers.

---

Definitions:

Suzanne Kobasa

A psychologist known for her research on stress, specifically the concept of stress resilience and the "hardiness" personality trait.

Commitment

The state or quality of being dedicated to a cause, activity, or goal, often involving a promise or firm decision to do something.

Challenge

Any task or situation that tests someone's abilities in a way that is stimulating, demanding, or requires an effort to overcome.

Control

The psychological process or mechanism that regulates an individual's ability to direct their thoughts, emotions, and behaviors towards achieving goals or responding to environmental demands.