The Difference Between Positive Accounting Theory and Legitimacy Theory Is

Multiple Choice

The difference between Positive Accounting Theory and Legitimacy Theory is that:

A) Legitimacy Theory does not rely on the assumption that all action is driven by individual self-interest.
B) Legitimacy Theory makes no assumptions about the efficiency of markets.
C) Legitimacy Theory suggests that organisations have a 'social contract' with society.
D) All of the given options are correct.