1- The theory which based on the assumption that individuals act to maximize their own expected utilities is called: A- Agency theory B-Positive theory of accounting C- Negative theory of accounting D- Both A and B are correct answers 2-Entry price approach to current value measures include: A- Replacement cost B- Selling price C- Discounted present value D-Future value 3- Exit value approach to current value measures include: A- Replacement cost B- Selling price C- Discounted present value D- Future value 4- The income measurement approach that involves summing up the influences of the individual economic events over a period of time is: A- Economic approach B-The transaction approach C- Real income D- Psychic income