The Following Arguments Are Philosophical Criticisms of Positive Accounting Theory,except

question 21

Multiple Choice

The following arguments are philosophical criticisms of positive accounting theory,except:

• A)Cross-sectional models are poorly specified
• B)Positive accounting theory is not an accounting theory,but only a sociology of accounting
• C)Contrary to its claim,positive accounting theory is in fact value-laden
• D)The methodology of positive accounting theory is inappropriate for the purpose it purports to serve

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Definitions:

Accounts Identification

The process of classifying and labeling accounts in an accounting system to track financial transactions accurately.