Contingency Theory Proposes That

question 16

Multiple Choice

Contingency theory proposes that:

• A)Shareholder needs drive accounting system choices.
• B)Accounting policies are likely to be consistent within industries.
• C)Size is not an important factor when considering management accounting systems.
• D)No universally consistent accounting system can apply to all organisations.

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Definitions:

Pollution Prevention Pays

An environmental strategy emphasizing the reduction or elimination of waste at the source rather than treating and disposing of waste after it is created.

Green Marketing

Promotional activities aimed at highlighting a product's or service's environmental friendliness and sustainability.

Proactive Marketing

A strategic approach where businesses anticipate customer needs, market changes, or trends and take initiative to address them before they become widespread issues.

Consumerism

A social and economic order that encourages the acquisition of goods and services in ever-increasing amounts.