Which of the Following Is Not True About Positive Accounting

question 4

Multiple Choice

Which of the following is not true about Positive Accounting Theory?

• A) A positive theory seeks to explain and predict particular phenomena.
• B) A positive theory focuses on the relationships between various individuals and how accounting is used to assist in the functioning of these relationships.
• C) A positive theory prescribes how a particular practice should be undertaken.
• D) All of the given options are correct.

Learn the legal standards used to evaluate the intent and certainty necessary for contract formation.

Understand the components and legal implications of conditional acceptances and counteroffers.

Identify and explain the mirror image rule under common law.

Describe the process of mutual assent in contract formation.

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Definitions:

Acculturation

The process by which members of minority groups come to identify with and feel part of the mainstream culture.

Social Distance

The perceived or desired degree of remoteness between members of different social groups, which can affect communication and interaction.

Behavioral Expression

The outward manifestation of emotions, thoughts, or feelings through actions or behaviors.

Prejudice

A strong, unreasonable dislike or hatred of a group, based on a negative stereotype.