Which theory predict the facts but not assume any particular outcome? O a. Normative theory O b. Agency theory O C. Accounting Theory O d. Positive theory

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 13MC: Which of the following does not accurately represent the accounting equation? A. B. C. D.
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Which theory predict the facts but not assume any particular outcome?
O a. Normative theory
O b. Agency theory
O C. Accounting Theory
O d. Positive theory
Transcribed Image Text:Which theory predict the facts but not assume any particular outcome? O a. Normative theory O b. Agency theory O C. Accounting Theory O d. Positive theory
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