Question one: 24 marks Briefly explain the following statements: A) Accounting reporting may improve the allocation of resources in the economy. B) Natural and physical theories are built on the scientific approach, but we can't depend on it when we ser accounting theory. C) Earning quality is the degree of correlation accounting income and economic income but eaming management is the influence on reported income. D) There is overload problem in accounting standards. E) When accounting theory set, we should distinction between theorizing and theory construction F) Accounting theory solved the expectation gap problems, G) Expenses and losses are non-revenue-producing cost expirations, H) There are many measurement techniques used in valuing assets and liabilities which lead to confuse the financial statement stakeholders