Which of the following statements is true regarding the origins and development of Positive Accounting Theory?
A) Positive research in accounting started coming to prominence around the mid-1960s, and appeared to become the dominant research paradigm within financial accounting in the 1970s and 1980s.
B) The introduction of positive research into accounting represented a paradigm shift from normative research to positive research.
C) Currently, almost all papers in Accounting Review and most other leading academic journals are positive research-based.
D) All of the given options are correct.

Question

Quizplus · Accepted Answer

Positive Accounting Theory indeed emerged around the mid-1960s and became dominant in the 1970s and 1980s, marking a shift from normative to positive research. Today, it remains a prevalent approach in leading academic journals, including the Accounting Review.

Which of the Following Statements Is True Regarding the Origins