Watts and zimmerman’s positive accounting theory
1. Watts and Zimmerman’s Positive Accounting Theory is:A. One of several normative theories of accountingB. One of several positive theories of accountingC. One of several critical theories of accountingD. None of the given options is correct 2. The key theory that underpins Positive Accounting Theory is:A. The Efficient Markets HypothesisB. Agency theoryC. Normative ethical theoryD. None of the given options is correct 3. The principal’s […]