Question 1

Research can be categorised as:

Accepted Answer

A)  'Research of or about accounting' or 'research in accounting' 
B)  Positive or normative 
C)  'Research of accounting' or 'research about accounting' 
D)  Positive or critical 
A)  'Research of or about accounting' or 'research in accounting' 
B)  Positive or normative 
C)  'Research of accounting' or 'research about accounting' 
D)  Positive or critical

Question 2

An example of how theory can help to identify problems and deficiencies with current accounting practice and improve accounting practice is:

Accepted Answer

A)  the conceptual framework for accounting 
B)  agency theory and the conceptual framework for accounting 
C)  corporate social responsibility theory 
D)  corporate social responsibility theory and the conceptual framework for accounting 
A)  the conceptual framework for accounting 
B)  agency theory and the conceptual framework for accounting 
C)  corporate social responsibility theory 
D)  corporate social responsibility theory and the conceptual framework for accounting

Question 3

A reason why someone may accept a theory without having 'first hand' or direct knowledge of the topic are:

Accepted Answer

A)  Lack of knowledge regarding the authority of the source of the theory 
B)  The theory makes sense and fits with personal experiences and beliefs 
C)  Other people choose not to accept the theory 
D)  Evidence exists that refutes the theory 
A)  Lack of knowledge regarding the authority of the source of the theory 
B)  The theory makes sense and fits with personal experiences and beliefs 
C)  Other people choose not to accept the theory 
D)  Evidence exists that refutes the theory

Question 4

Deduction can best be described as:

Accepted Answer

A)  The process of moving from particular instances of something to a general conclusion 
B)  Coming to a conclusion through a process of elimination 
C)  The process of developing specific predictions from theories 
D)  The process of developing numerous conclusions or theories 
A)  The process of moving from particular instances of something to a general conclusion 
B)  Coming to a conclusion through a process of elimination 
C)  The process of developing specific predictions from theories 
D)  The process of developing numerous conclusions or theories

Question 5

Which of the following statements is correct in relation to normative theories?

Accepted Answer

A)  Normative theories often evolve as a result of research performed in relation to positive theories 
B)  Facts about current accounting practice are not considered in the development of normative theories 
C)  Normative theories are not likely to evolve from the consideration of positive theories 
D)  Normative theories always evolve as a consequence or result of positive theories 
A)  Normative theories often evolve as a result of research performed in relation to positive theories 
B)  Facts about current accounting practice are not considered in the development of normative theories 
C)  Normative theories are not likely to evolve from the consideration of positive theories 
D)  Normative theories always evolve as a consequence or result of positive theories

Question 6

Which of the following statements are incorrect in relation to capital market research?

Accepted Answer

A)  It was founded by Ball & Brown, and Beaver 
B)  It is a stream of positive accounting research 
C)  It is a stream of normative accounting research 
D)  It investigated the use of accounting information by capital markets 
A)  It was founded by Ball & Brown, and Beaver 
B)  It is a stream of positive accounting research 
C)  It is a stream of normative accounting research 
D)  It investigated the use of accounting information by capital markets

Research can be categorised as:

An example of how theory can help to identify problems and deficiencies with current accounting practice and improve accounting practice is:

A reason why someone may accept a theory without having 'first hand' or direct knowledge of the topic are:

Deduction can best be described as:

Which of the following statements is correct in relation to normative theories?

Which of the following statements are incorrect in relation to capital market research?

The Conceptual Framework for Financial Reporting

Standard Setting

Measurement

Theories in Accounting

Products of the Financial Reporting Process

Corporate Governance

Capital Markets Research and Accounting

Earnings Management

Fair Value Accounting

Sustainability and Environmental Accounting

International Accounting

Corporate Failure

Special Reporting Issues

Filters

Exam 1: Introduction to Contemporary Issues

Research can be categorised as:

An example of how theory can help to identify problems and deficiencies with current accounting practice and improve accounting practice is:

A reason why someone may accept a theory without having 'first hand' or direct knowledge of the topic are:

Deduction can best be described as:

Which of the following statements is correct in relation to normative theories?

Which of the following statements are incorrect in relation to capital market research?

The Conceptual Framework for Financial Reporting

Standard Setting

Measurement

Theories in Accounting

Products of the Financial Reporting Process

Corporate Governance

Capital Markets Research and Accounting

Earnings Management

Fair Value Accounting

Sustainability and Environmental Accounting

International Accounting

Corporate Failure

Special Reporting Issues

Filters