Accounting theories are often developed from different perspectives which led to o many ideas in developing accounting theories O many misconducts in accounting practices O many interpretations of accounting practices O many accounting standards Among the challenges of standards setting process are as the following EXCEPT O lack of technology O lack of technical expertise O lack of research O lack of proactive action Accounting conceptual framework(CF) is argued that unable to solve issues at microlevel is referred to argument that CF is . O doesn't work in practice O mythology only O provide technical benefits only O too descriptive