Repl 1 Normal 1 No Spaci... Heading 1 Heading 2 Title Change Styles Paragraph Styles Sele Editing 5- David (1998) implemented a research to investigate the relationship between earnings manipulation and borrowing orientation, such research is: A-Explanatory theory research B- True income theory research C-Positive theory research D-Decision makers theory research E-Both A & C are correct answers 6- Stephens (1980) examined the usage of financial statements in bank lending decisions with the intention to increase the scope of decision process research. Such research is primarily classified as A-Positive accounting theory B-Decision usefulness theory C-Negative accounting theory D-None of the above is correct answer 7- Flora Guidry, Andrew J. Leone, and Steve Rock (1999) tests the bonus-maximization hypothesis that managers make discretionary accrual decisions to maximize their short- term bonuses, such theorizing should be classified as: A-Bonus plan theory B-Debt theory C-Political cost theory D-Truie income theory