Which of the following are examples of categories of the main normative accounting theories that were developed in the 1950s and 1960s?

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Deprival-value accounting and exit-price accounting were two of the main normative accounting theories developed in the 1950s and 1960s. Current-cost accounting and conservatism are also normative accounting theories, but were developed later on. Critical theory and opportunity-cost accounting are not typically considered among the main normative accounting theories. ABC costing is a more recent development in accounting and historical-cost accounting has been used for many years, but is not typically grouped with the main normative accounting theories of the 1950s and 1960s.

Which of the Following Are Examples of Categories of the Main