Which of These Is Not an Assumption Used in Normative

question 4

Multiple Choice

Which of these is not an assumption used in normative theory construction?

• A)Financial accounting is useful for making economic decisions
• B)There are multiple available profit measures
• C)Markets are inefficient and can be fooled by 'creative accountants'
• D)All of the above are not assumptions used in normative theory construction

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Definitions:

Self-actualization

Fulfilling one's capabilities and realizing personal potential, regarded as an essential urge or demand within each person.

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology about human motivation based on prioritized needs.

Belonging

The feeling of being accepted and included within a group or community, contributing to a person's sense of identity and emotional well-being.

Maslow

Abraham Maslow was an American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.