The Statement That Is True Is

question 23

Multiple Choice

The statement that is true is:

• A)The objective of behavioural accounting research (BAR)is to explain why people behave as they do
• B)Capital market research investigates how information is actually processed by market participants
• C)BAR,capital market research,and agency theory are normative accounting theories
• D)Agency theory makes no assumptions about people's behaviours

---

Definitions:

Board Action

Official decisions or measures taken by the board of directors of a company or organization.

Owns

To possess something as property; having legal rights or title to an object, land, or intellectual property.

Written Agreement

A documented arrangement between parties that outlines terms and conditions and is legally enforceable.

Partnership

A lawful business structure operated by two or more people, who are both responsible for managing the business and sharing its earnings.