Positive Accounting Theory Seeks To

Positive Accounting Theory seeks to:

A) Prescribe which accounting methods should be used in particular circumstances.
B) Explain and predict which accounting methods management is likely to select from available choices.
C) Describe how social relationships are implicated in lobbying by interest groups in accounting standard setting.
D) Formulate an understanding of how accountability to a broader set of stakeholders should be achieved.
E) None of the given Answers.