Which theoretical perspective suggests that where firms are able to choose accounting methods,they will choose those that best reflect their economic performance?
A) Opportunistic perspective
B) Efficiency perspective
C) Creative accounting perspective
D) Economic interest perspective

Question

Quizplus · Accepted Answer

The Efficiency perspective suggests that firms will choose accounting methods that best reflect their economic performance in order to present an accurate and efficient picture of their financial health to investors and stakeholders.

Which Theoretical Perspective Suggests That Where Firms Are Able to Choose