In evaluating theories of accounting,which of the following is not true?
A) Different theories are often the result of working in different paradigms, which provide greatly different perspectives.
B) Positive Accounting Theory is an example of a theory that is value free.
C) Selecting a theory, topic, design or method for research is based on value judgements.
D) All theories of accounting, and assumptions on which they are based, are abstractions of reality, and so choice is based on how closely the theory fits our own perceptions.

Question

Quizplus · Accepted Answer

Positive Accounting Theory is not value-free. It is based on the assumption that individuals are driven by self-interest and seek to maximize their own wealth. This assumption is not value-free, as it reflects a particular perspective on human behavior.

In Evaluating Theories of Accounting,which of the Following Is Not