Accounting theory

12- theory generated based upon that what is adopted by the majority of accountants is the most appropriate is a kind of: a-positive theory of accounting b-negative theory of accounting c-normative theory of accounting d-non accounting theory 13- The conceptual framework of accounting is deemed to be: a-positive theory of accounting b-negative theory of accounting c-normative theory of accounting d-non accounting theory 14- the period that is known as the normative period of accounting research is: A) 1920s and 1930s B) 1940s and 1950s C) 1960s and 1970s, D) 1980s and 1990s 15- Which of the followings is not a category of positive accounting theories A Bonus Hypothesis B Credit Hypothesis .C Political Cost Hypothesis D- True income theories 16-A coherent system of interrelated objectives and fundamentals that is expected to lead to consistent standards and that prescribes the nature, function and limits of financial accounting and financial statements A) conceptual framework B) accounting theory C) corporate governance D) all of the above answers are correct ones 17- the accounting theory that is concerned with the issue of the usefulness of accounting information is: A) positive accounting theory B) normative accounting theory C) bonus theory D) political cost theory