Question 1

Critical accounting:

Accepted Answer

A)   Developed from two other areas of accounting, behavioral accounting and agency theory.
B)   Is concerned with the economic rather than social role of accountants.
C)   Presumes a sharp separation between the researcher and his or her field of investigation.
D)   Views accounting as having a pivotal role in adjudicating conflicts between the corporation and constituencies such as labor, consumers, and the general public.E) A) and D)
F) A) and C) D

Question 2

The use of research in accounting results in the field being referred to as an academic discipline.

Accepted Answer

A) True 
 B)False

Question 3

An important segment of accounting theory is derived from the research process.

Accepted Answer

A) True 
 B)False

Question 4

Because of the efficient-markets hypothesis, the impetus for increased disclosure with less concern for choice among accounting alternatives has grown stronger.

Accepted Answer

A) True 
 B)False

Question 5

Much of the accounting research in the behavioral area uses laboratory subjects in carefully controlled experimental situations.

Accepted Answer

A) True 
 B)False  True

Question 6

Which of the following accounting research approaches arose as a result of the perceived separation of interests in the modern corporation between management and ownership interests?

Accepted Answer

A)   Capital markets research
B)   Behavioral research
C)   Agency theory
D)   Information economicsE) A) and B)
F) C) and D)

Question 7

Describe the decision-model approach to accounting research and identify the two major decisions embraced by this approach.

Accepted Answer

The decision-model approach to research ...

Question 8

Empirical research that attempts to determine why particular accounting alternatives are selected by management is an example of:

Accepted Answer

A)   Normative research.
B)   Deductive research.
C)   Positive accounting research.
D)   Analytical research.E) None of the above
F) A) and D)

Question 9

Information economics research is usually inductive in nature.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following statements regarding behavioral research is true?

Accepted Answer

A)   It is a normative approach.
B)   The main concern of this type of research is how users of accounting information make decisions and what information they need.
C)   Many studies have shown that there are no discrepancies between normative decision models and the actual decision process of users.
D)   Since behavioral research is positive in approach, it is impossible to reach a conclusion regarding whether or not the usage of accounting data for decision-making purposes could be improved upon.E) None of the above
F) A) and D)

Question 11

Discuss the differences between each of the following:
•
Normative vs. descriptive theories
•
Inductive vs. deductive reasoning
•
Global vs. particularistic theories
Also identify how these types of approaches relate to one another. (For example: is deductive research normative or descriptive; is it global or particularistic?)

Accepted Answer

Normative theories contain at least one ...

Question 12

General deductive reasoning is extremely important in accounting theory and policy making.

Accepted Answer

A) True 
 B)False

Question 13

In a scientific approach to accounting:

Accepted Answer

A)   A great deal of latitude is allowed in measurements.
B)   There is a low degree of objectivity.
C)   The intention is to provide information useful for either predictive or assessment purposes.
D)   The straight-line method of depreciation would always be used.E) B) and C)
F) A) and D)

Question 14

Only a few examples of inductively derived theories are present in accounting literature.

Accepted Answer

A) True 
 B)False  False

Question 15

Answer the following related to behavioral research:
a.What is the main concern of behavioral research?
b.How does behavioral research differ from the decision-model approach?
c.What are some of the findings of this research?

Accepted Answer

a.The main concern of behavioral researc...

Question 16

Which of the following statements regarding behavioral research in accounting is not true?

Accepted Answer

A)   Much of this research uses laboratory subjects in carefully controlled experimental situations.
B)   This approach seeks to understand what accounting information is selected for use and how it is processed.
C)   This research has found that published financial statements are not often used for managerial decision-making purposes.
D)   The question of how representative student subjects are to the broad population is a problem that pervades virtually all behavioral research that uses student subjects.E) B) and C)
F) A) and D)

Question 17

Normative theories contain at least one premise stating how things should be.

Accepted Answer

A) True 
 B)False

Question 18

Which one of the following statements is true regarding the decision-model approach to research?

Accepted Answer

A)   A premise underlying this research approach is that decision makers may need to be taught how to use information they are unfamiliar with.
B)   This approach has become more important with the rise of empirical research in accounting.
C)   Some advocates of newer approaches have declared that this approach is too scientific.
D)   The decision-model approach does not parallel those of standard-setters because standard-setters must cope with the politics of the regulatory process.E) A) and C)
F) None of the above

Question 19

Inductive research can be useful in the accounting policy-making process in which deductive reasoning helps to determine rules that are to be prescribed.

Accepted Answer

A) True 
 B)False

Question 20

Analytical/deductive research methods are commonly used in accounting research.

Accepted Answer

A) True 
 B)False

Exam 2: Accounting Theory and Accounting Research

Critical accounting:

Correct Answer
verified
D

The use of research in accounting results in the field being referred to as an academic discipline.

Correct Answer
verified

An important segment of accounting theory is derived from the research process.

Correct Answer
verified

Because of the efficient-markets hypothesis, the impetus for increased disclosure with less concern for choice among accounting alternatives has grown stronger.

Correct Answer
verified

Much of the accounting research in the behavioral area uses laboratory subjects in carefully controlled experimental situations.

Correct Answer
verified
True

Which of the following accounting research approaches arose as a result of the perceived separation of interests in the modern corporation between management and ownership interests?

Correct Answer
verified

Describe the decision-model approach to accounting research and identify the two major decisions embraced by this approach.

Correct Answer
verified
The decision-model approach to research ...
View Answer

Empirical research that attempts to determine why particular accounting alternatives are selected by management is an example of:

Correct Answer
verified

Information economics research is usually inductive in nature.

Correct Answer
verified

Which of the following statements regarding behavioral research is true?

Correct Answer
verified

Correct Answer
verified
Normative theories contain at least one ...
View Answer

General deductive reasoning is extremely important in accounting theory and policy making.

Correct Answer
verified

In a scientific approach to accounting:

Correct Answer
verified

Only a few examples of inductively derived theories are present in accounting literature.

Correct Answer
verified
False

Answer the following related to behavioral research: a.What is the main concern of behavioral research? b.How does behavioral research differ from the decision-model approach? c.What are some of the findings of this research?

Correct Answer
verified
a.The main concern of behavioral researc...
View Answer

Which of the following statements regarding behavioral research in accounting is not true?

Correct Answer
verified

Normative theories contain at least one premise stating how things should be.

Correct Answer
verified

Which one of the following statements is true regarding the decision-model approach to research?

Correct Answer
verified

Inductive research can be useful in the accounting policy-making process in which deductive reasoning helps to determine rules that are to be prescribed.

Correct Answer
verified

Analytical/deductive research methods are commonly used in accounting research.

Correct Answer
verified

Exam 2: Accounting Theory and Accounting Research

Critical accounting:

Correct AnswerverifiedD

The use of research in accounting results in the field being referred to as an academic discipline.

Correct AnswerverifiedShow Answer

An important segment of accounting theory is derived from the research process.

Correct AnswerverifiedShow Answer

Because of the efficient-markets hypothesis, the impetus for increased disclosure with less concern for choice among accounting alternatives has grown stronger.

Correct AnswerverifiedShow Answer

Much of the accounting research in the behavioral area uses laboratory subjects in carefully controlled experimental situations.

Correct AnswerverifiedTrue

Which of the following accounting research approaches arose as a result of the perceived separation of interests in the modern corporation between management and ownership interests?

Correct AnswerverifiedShow Answer

Describe the decision-model approach to accounting research and identify the two major decisions embraced by this approach.

Correct AnswerverifiedThe decision-model approach to research ...View AnswerShow Answer

Empirical research that attempts to determine why particular accounting alternatives are selected by management is an example of:

Correct AnswerverifiedShow Answer

Information economics research is usually inductive in nature.

Correct AnswerverifiedShow Answer

Which of the following statements regarding behavioral research is true?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedNormative theories contain at least one ...View AnswerShow Answer

General deductive reasoning is extremely important in accounting theory and policy making.

Correct AnswerverifiedShow Answer

In a scientific approach to accounting:

Correct AnswerverifiedShow Answer

Only a few examples of inductively derived theories are present in accounting literature.

Correct AnswerverifiedFalse

Answer the following related to behavioral research: a.What is the main concern of behavioral research? b.How does behavioral research differ from the decision-model approach? c.What are some of the findings of this research?

Correct Answerverifieda.The main concern of behavioral researc...View AnswerShow Answer

Which of the following statements regarding behavioral research in accounting is not true?

Correct AnswerverifiedShow Answer

Normative theories contain at least one premise stating how things should be.

Correct AnswerverifiedShow Answer

Which one of the following statements is true regarding the decision-model approach to research?

Correct AnswerverifiedShow Answer

Inductive research can be useful in the accounting policy-making process in which deductive reasoning helps to determine rules that are to be prescribed.

Correct AnswerverifiedShow Answer

Analytical/deductive research methods are commonly used in accounting research.

Correct AnswerverifiedShow Answer

Correct Answer
verified
D

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
True

Correct Answer
verified

Correct Answer
verified
The decision-model approach to research ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Normative theories contain at least one ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
False

Correct Answer
verified
a.The main concern of behavioral researc...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified