Exam 2: Accounting Theory Construction

A comparison of scientific and naturalistic research Which word/phrase should be inserted in position 5 in the table above?

The statement that is false is:

Concentrating on decision theories and testing them on large samples of people overcomes a major criticism of which of the following approaches to accounting theory construction?

Which of these is not an assumption used in normative theory construction?

The concept of realism under the decision-usefulness approach asserts that for an accounting theory to be valid it must hold as a description of the reality that underlies the accounting phenomena.

Which of these is not a typical approach to testing hypotheses under positive accounting theory?

Positive and normative theories are mutually exclusive;it is not possible for the theories to complement each other.

The scientific approach to accounting research assumes there is an absolute truth that accounting should achieve and that accounting practitioners should become scientists' Explain why both parts of this statement are misconceptions.

A comparison of scientific and naturalistic research Which word/phrase should be inserted in position 3 in the table above?

"Most researchers now accept that the most appropriate approach depends on the nature of the research question being considered".J.Godfrey,et el,'Accounting Theory',7^th Ed.p.5.p.30.Compare the scientific method with the naturalistic approach to accounting research.

A comparison of scientific and naturalistic research Which word/phrase should be inserted in position 2 in the table above?

Which of these arguments describes the symbolic interactionists' view?

Which of these arguments is not a criticism of scientific method?

Under the Morgan and Smircich classification,Category 1 assumes that the world is unstable and that individuals do not share a common understanding of how the world works.

Normative theory researchers in the 1950s and 1960s concentrated on deriving a single measure for assets and a correct profit figure,even though there was no agreement on what constituted a correct or true measure of value and profit.

Applying a scientific approach to accounting is an attempt to make scientists out of accounting practitioners.

Which of these is not a criticism of the historical cost accounting theoretical model?

The psychological pragmatic approach differs from the descriptive pragmatic approach in that under the psychological approach,the users' response to accounting information is observed rather than the accountants' behaviour.

Which of these is the epistemology of naturalistic research?

The descriptive pragmatic approach to accounting theory construction is a deductive approach as it is based upon continual observation of accountants in order to copy their accounting procedures and principles.