A contribution of Positive Theory is that it enables us to understand:
A) Why interest groups expend resources lobbying for or against particular standards
B) Why a manager adopts particular accounting techniques over others
C) The effect accounting standards have on different groups and resource allocation
D) All of the given options are correct.

Question

Quizplus · Accepted Answer

Positive Theory enables us to understand all of the given options, including why interest groups lobby, why managers adopt certain accounting techniques, and the impact of accounting standards on different groups and resource allocation.

A Contribution of Positive Theory Is That It Enables Us