The Difference Between Positive Accounting Theory and Legitimacy Theory Is

question 18

Multiple Choice

The difference between Positive Accounting Theory and Legitimacy Theory is that:

• A) Legitimacy Theory does not rely on the assumption that all action is driven by individual self-interest.
• B) Legitimacy Theory makes no assumptions about the efficiency of markets.
• C) Legitimacy Theory suggests that organisations have a 'social contract' with society.
• D) All of the given options are correct.

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