Which of the Following Statement Is False

question 22

Multiple Choice

Which of the following statement is false?

• A) Legitimacy Theory, Stakeholder Theory and Institutional Theory are all examples of 'systems-oriented theories'.
• B) A systems-oriented view of the organisation and society focuses on the role of information and disclosure in the relationship between organisations, the State, individuals and groups.
• C) Within a systems-based perspective, the entity is assumed to be influenced by, and in turn to have an influence on, the society in which it operates.
• D) Within Legitimacy Theory, Stakeholder Theory and Institutional Theory, accounting disclosure policies are not considered to constitute a strategy to influence the organisation's relationships with the other parties with which it interacts.

---

Definitions:

Economic Theory

A framework or set of principles explaining how economies function and how economic agents interact.

Quota Rent

The extra profit that producers can make when supply is artificially restricted by an import quota.

Demand Price

The highest price that consumers are willing to pay for a good or service at a given quantity.

Supply Price

The lowest price at which a seller is willing to sell a good or service, influenced by costs of production and market demand.