What Does the Political Legitimacy Argument,as Outlined by Hines (1991),suggest

question 14

Multiple Choice

What does the political legitimacy argument,as outlined by Hines (1991) ,suggest?

• A) The accounting profession consists of experts in technical knowledge of accounting and should therefore be given authority to regulate accounting.
• B) The accounting profession used the development of the conceptual framework as a strategy to promote their self-regulation interests.
• C) The conceptual framework provides the authority to resolve technical issues with authority and legitimacy.
• D) As users are politically involved in developing the conceptual framework, the outcome has political legitimacy.

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Definitions:

Ethyne

Also known as acetylene, it is a colorless gas used as a fuel and a chemical building block.

Double Bonds

Chemical bonds formed when two pairs of electrons are shared between two atoms, resulting in stronger attraction and shorter bond length compared to single bonds.

Lewis Structure

A diagram showing the bonding between atoms of a molecule and the lone pairs of electrons that may exist.

Methanol

A light, volatile, colorless liquid with a distinctive odor, used primarily as a fuel, solvent, or antifreeze.