1. Do conventional financial accounting practices and definitions encourage or assist corporations to adopt socially and environmentally sustainable business practices? Explain your answer. (10 Marks) 2. What is the role of decision usefulness theory? Marks) 3. Explain the concept of inductive accounting theories. How different are they from deductive accounting theories? (5 Marks) (5 4. Is it necessary to critically evaluate theories before accepting them? Why?(5 Marks) (Total: 25 Marks)