An Example of How Theory Can Predict Accounting Practice Is

question 1

Multiple Choice

An example of how theory can predict accounting practice is:

• A) capital market theory
• B) asset recognition theory
• C) agency theory
• D) corporate social responsibility theory

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Definitions:

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The value added to products or services by having them available at a convenient place for consumers.

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An online travel agency that allows consumers to book flights, hotels, car rentals, and other travel-related activities.

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Bicycles that are tailored or modified according to the personal preferences, specifications, or requirements of an individual.