What does the political legitimacy argument,as outlined by Hines (1991),suggest?
A) The accounting profession consists of experts in technical knowledge of accounting and should therefore be given authority to regulate accounting.
B) The accounting profession used the development of the conceptual framework as a strategy to promote their self-regulation interests.
C) The conceptual framework provides the authority to resolve technical issues with authority and legitimacy.
D) As users are politically involved in developing the conceptual framework, the outcome has political legitimacy.

Question

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The political legitimacy argument, as outlined by Hines (1991), suggests that the accounting profession used the development of the conceptual framework as a strategic move to promote their interests in self-regulation, rather than purely for technical or conceptual improvements.

What Does the Political Legitimacy Argument,as Outlined by Hines (1991),suggest