Question 1

Which of the following is not a branch of behavioural research?

Accepted Answer

A)  Auditing processes 
B)  Accounting information processing 
C)  Accounting standard setting processes 
D)  All of the above are branches of behavioural research 
A)  Auditing processes 
B)  Accounting information processing 
C)  Accounting standard setting processes 
D)  All of the above are branches of behavioural research C

Question 2

Behavioural research is concerned with how:

Accepted Answer

A)  Individuals behave when provided with particular items of information 
B)  Individuals should behave when provided with particular items of information 
C)  Firms behave when provided with particular items of information 
D)  Firms should behave when provided with particular items of information 
A)  Individuals behave when provided with particular items of information 
B)  Individuals should behave when provided with particular items of information 
C)  Firms behave when provided with particular items of information 
D)  Firms should behave when provided with particular items of information A

Question 3

'Heuristics' are:

Accepted Answer

A)  Rules 
B)  Cues 
C)  Behaviours 
D)  Decisions 
A)  Rules 
B)  Cues 
C)  Behaviours 
D)  Decisions A

Question 4

Which of the following is an issue that has to be considered at the output or decision level of the Lens Model?

Accepted Answer

A)  Characteristics of the person making the judgment 
B)  Scaling characteristics of individual cues 
C)  Qualities of the judgment 
D)  Characteristics of the decision rule 
A)  Characteristics of the person making the judgment 
B)  Scaling characteristics of individual cues 
C)  Qualities of the judgment 
D)  Characteristics of the decision rule

Question 5

Theories important to behavioural research are drawn from:

Accepted Answer

A)  Behavioural science 
B)  Behavioural science and psychology 
C)  Finance and economics 
D)  Finance and behavioural science 
A)  Behavioural science 
B)  Behavioural science and psychology 
C)  Finance and economics 
D)  Finance and behavioural science

Question 6

An auditor does not revise his or her initial assessment of the quality of a firm's internal controls when contradictory evidence is subsequently obtained.This is an example of the:

Accepted Answer

A)  Anchoring and adjustment heuristic 
B)  Availability heuristic 
C)  Representativeness heuristic 
D)  Assessment heuristic 
A)  Anchoring and adjustment heuristic 
B)  Availability heuristic 
C)  Representativeness heuristic 
D)  Assessment heuristic

Question 7

Behavioural research could be useful to accountants,because it could demonstrate the items which should be included in financial reports on the basis that they are:

Accepted Answer

A)  Useful to stakeholders 
B)  Useful to decision-makers 
C)  Necessary to discharge management accountability 
D)  All of the given options are correct 
A)  Useful to stakeholders 
B)  Useful to decision-makers 
C)  Necessary to discharge management accountability 
D)  All of the given options are correct

Question 8

The primary data source for behavioural research is:

Accepted Answer

A)  Observation 
B)  Archival data 
C)  Computer simulations 
D)  All of the given options are correct 
A)  Observation 
B)  Archival data 
C)  Computer simulations 
D)  All of the given options are correct

Question 9

Behavioural research in accounting has been used to investigate which of the following decision-making processes?

Accepted Answer

A)  The valuation of market shares by individual analysts 
B)  The lending decisions of loan officers 
C)  The assessment of bankruptcy by bankers or auditors 
D)  All of the given options are correct 
A)  The valuation of market shares by individual analysts 
B)  The lending decisions of loan officers 
C)  The assessment of bankruptcy by bankers or auditors 
D)  All of the given options are correct

Question 10

Which of the following statements is true about the Lens model?

Accepted Answer

A)  Cues may be either independent or interrelated 
B)  Cues may be inter-related but not independent 
C)  Cues may be independent but not inter-related 
D)  None of the given options is correct 
A)  Cues may be either independent or interrelated 
B)  Cues may be inter-related but not independent 
C)  Cues may be independent but not inter-related 
D)  None of the given options is correct

Question 11

According to behavioural research,the most useful accounting information for analysts is:

Accepted Answer

A)  Earnings 
B)  Sales and earnings 
C)  Sales, earnings and cashflows 
D)  Sales, earnings, cashflows and dividends 
A)  Earnings 
B)  Sales and earnings 
C)  Sales, earnings and cashflows 
D)  Sales, earnings, cashflows and dividends

Question 12

The purpose of behavioural research is:

Accepted Answer

A)  To comprehend individual decision-making 
B)  To improve individual decision-making 
C)  To predict individual decision-making 
D)  All of the given options are correct 
A)  To comprehend individual decision-making 
B)  To improve individual decision-making 
C)  To predict individual decision-making 
D)  All of the given options are correct

Question 13

Behavioural research suggests the presentation of financial information in pictorial formats:

Accepted Answer

A)  Makes little difference to decision-making 
B)  Can improve decision-making 
C)  Is perceived to improve decision-making, but does not actually improve decision-making 
D)  None of the given options is correct 
A)  Makes little difference to decision-making 
B)  Can improve decision-making 
C)  Is perceived to improve decision-making, but does not actually improve decision-making 
D)  None of the given options is correct

Question 14

Limitations of protocol analysis do not include difficulties with

Accepted Answer

A)  Ensuring that verbal protocols are complete 
B)  Ensuring that verbal protocols match cognitive processes 
C)  Developing theory from verbal protocols 
D)  Coding verbal protocols 
A)  Ensuring that verbal protocols are complete 
B)  Ensuring that verbal protocols match cognitive processes 
C)  Developing theory from verbal protocols 
D)  Coding verbal protocols

Question 15

According to Wood and Ross (2006),which of the following environmental and social controls is the most influential factor in affecting managers' capital investment decisions with respect to investing in less-polluting plant and equipment?

Accepted Answer

A)  Mandatory disclosure required by law and accounting standards 
B)  Regulatory costs, such as direct payments on pollutant emissions and clean-up costs 
C)  Stakeholder opinion. That is, how the investment will be approved by various stakeholder groups 
D)  None of the given options is correct 
A)  Mandatory disclosure required by law and accounting standards 
B)  Regulatory costs, such as direct payments on pollutant emissions and clean-up costs 
C)  Stakeholder opinion. That is, how the investment will be approved by various stakeholder groups 
D)  None of the given options is correct

Question 16

Some of the issues that have been considered in behavioural research do not include

Accepted Answer

A)  How decisions are valued by the market 
B)  The importance of prior experience to the decision process 
C)  Whether decisions are stable over time 
D)  How individuals weight cues to make decisions 
A)  How decisions are valued by the market 
B)  The importance of prior experience to the decision process 
C)  Whether decisions are stable over time 
D)  How individuals weight cues to make decisions

Question 17

Behavioural research on bankruptcy prediction revealed that:

Accepted Answer

A)  Group predictions outperformed individual predictions 
B)  Group predictions underperformed individual predictions 
C)  Bankruptcies were not typically predicted 
D)  Models which combined the judgments of different subjects underperformed individual models 
A)  Group predictions outperformed individual predictions 
B)  Group predictions underperformed individual predictions 
C)  Bankruptcies were not typically predicted 
D)  Models which combined the judgments of different subjects underperformed individual models

Question 18

The limitations of behavioural research do not include

Accepted Answer

A)  Many studies present conflicting results 
B)  Small sample sizes limit the reliability of conclusions 
C)  Studies are typically conducted in the 'real world', which makes findings difficult to generalise 
D)  Incomplete theory development 
A)  Many studies present conflicting results 
B)  Small sample sizes limit the reliability of conclusions 
C)  Studies are typically conducted in the 'real world', which makes findings difficult to generalise 
D)  Incomplete theory development

Question 19

Some of the issues that have been considered in behavioural research include assessing the impact of:

Accepted Answer

A)  The presentation of cues 
B)  The perceived rewards of cues 
C)  The scaling of cues 
D)  All of the given options are correct 
A)  The presentation of cues 
B)  The perceived rewards of cues 
C)  The scaling of cues 
D)  All of the given options are correct

Question 20

Which of the following is not a branch of behavioural research?

Accepted Answer

A)  Managerial control systems 
B)  Stakeholder management systems 
C)  Accounting information systems design 
D)  Organisational sociology 
A)  Managerial control systems 
B)  Stakeholder management systems 
C)  Accounting information systems design 
D)  Organisational sociology

Which of the following is not a branch of behavioural research?

Behavioural research is concerned with how:

'Heuristics' are:

Which of the following is an issue that has to be considered at the output or decision level of the Lens Model?

Theories important to behavioural research are drawn from:

An auditor does not revise his or her initial assessment of the quality of a firm's internal controls when contradictory evidence is subsequently obtained.This is an example of the:

Behavioural research could be useful to accountants,because it could demonstrate the items which should be included in financial reports on the basis that they are:

The primary data source for behavioural research is:

Behavioural research in accounting has been used to investigate which of the following decision-making processes?

Which of the following statements is true about the Lens model?

According to behavioural research,the most useful accounting information for analysts is:

The purpose of behavioural research is:

Behavioural research suggests the presentation of financial information in pictorial formats:

Limitations of protocol analysis do not include difficulties with

According to Wood and Ross (2006),which of the following environmental and social controls is the most influential factor in affecting managers' capital investment decisions with respect to investing in less-polluting plant and equipment?

Some of the issues that have been considered in behavioural research do not include

Behavioural research on bankruptcy prediction revealed that:

The limitations of behavioural research do not include

Some of the issues that have been considered in behavioural research include assessing the impact of:

Which of the following is not a branch of behavioural research?

Introduction to Financial Accounting Theory

The Financial Reporting Environment

The Regulation of Financial Accounting

International Accounting

Normative Theories of Accountingthe Case of Accounting for Changing Prices

Normative Theories of Accountingthe Case of Conceptual Framework Projects

Positive Accounting Theory

Unregulated Corporate Reporting Decisions: Considerations of Systems-Oriented Theories

Extended Systems of Accountingthe Incorporation of Social and Environmental Factors Within External Reporting

Reactions of Capital Markets to Financial Reporting

Critical Perspectives of Accounting

Filters

Exam 11: Reactions of Individuals to Financial Reporting: An Examination of Behavioural Research

Which of the following is not a branch of behavioural research?

Behavioural research is concerned with how:

'Heuristics' are:

Which of the following is an issue that has to be considered at the output or decision level of the Lens Model?

Theories important to behavioural research are drawn from:

An auditor does not revise his or her initial assessment of the quality of a firm's internal controls when contradictory evidence is subsequently obtained.This is an example of the:

Behavioural research could be useful to accountants,because it could demonstrate the items which should be included in financial reports on the basis that they are:

The primary data source for behavioural research is:

Behavioural research in accounting has been used to investigate which of the following decision-making processes?

Which of the following statements is true about the Lens model?

According to behavioural research,the most useful accounting information for analysts is:

The purpose of behavioural research is:

Behavioural research suggests the presentation of financial information in pictorial formats:

Limitations of protocol analysis do not include difficulties with

According to Wood and Ross (2006),which of the following environmental and social controls is the most influential factor in affecting managers' capital investment decisions with respect to investing in less-polluting plant and equipment?

Some of the issues that have been considered in behavioural research do not include

Behavioural research on bankruptcy prediction revealed that:

The limitations of behavioural research do not include

Some of the issues that have been considered in behavioural research include assessing the impact of:

Which of the following is not a branch of behavioural research?

Introduction to Financial Accounting Theory

The Financial Reporting Environment

The Regulation of Financial Accounting

International Accounting

Normative Theories of Accountingthe Case of Accounting for Changing Prices

Normative Theories of Accountingthe Case of Conceptual Framework Projects

Positive Accounting Theory

Unregulated Corporate Reporting Decisions: Considerations of Systems-Oriented Theories

Extended Systems of Accountingthe Incorporation of Social and Environmental Factors Within External Reporting

Reactions of Capital Markets to Financial Reporting

Critical Perspectives of Accounting

Filters