Moving to another question will save this response. Question 3 Hypotheses in Positive Accounting Theory include ...? Managerial Branch Hypothesis Social Environmental Hypothesis B. C Ethical Approach Hypothesis D. Political Cost Hypothesis La Moving to another question will save this response. Moving to another question will save this response. Question 1 The Mendelow framework identifies two factors that make up the strength of a stakeholder's influence over a company's strategy, namely the ..? A level of ethical decision and level of interest B. level of power and level of interest level of power and level of ethical decision. D. and level of interest level of satisfaction, C. A Moving to another question will save this response. Moving to another question will save this response Question 2 Accounting theories help us understand all of the followings, except...? the decisions conveyed in the financial reports prepared by the firms. the desire of the government to regulate the firms. B. the influences of organizational environments surrounding the firms. D actions taken by the users of the firms financial reports. Moving to another question will save this response. Moving to another question will save this response. Question 6 What kind of accounting policies would we predict a manager would choose if he/she worked for a company that provided for a bonus plan? A More conservative accounting policies. B Less conservative accounting policies. . The accounting policies have no impact on bonus plan. D. None of the answers are correct. Moving to another question will save this response. Moving to another question will save this response. Question 5 Why is trading on insider information unethical? Information about the trade is not publicly disclosed, thus create a conflict of interest. B. The managers should share the inside information with the directors before taking action. C. The stakeholders will benefit the most from such information D Inside information is supposed to benefit the shareholders to maximize their wealth. Moving to another question will save this response. Moving to another question will save this response. A Question 4 A decrease in a firm's cost of capital is a good indication that ...? it would be more difficult for firms to seek capital in the financial markets. here is a huge ethical dilemma going on in the firm that causes it to decrease. there is growth in the overall economy due to increased confidence in the market. d. potential investors are losing trust on the financial market's integrity in the future. B . A Moving to another question will save this response. Moving to another question will save this response. Question 11 Why do you think it is important to have a good corporate governance in place? So that the actions and movements of the directors can be exposed to the public So that financial crisis and fraud can be avoided. So that the employees rights are protected at all times. So that it would be easier for the firm to strategize its position in the market. B D. & Moving to another question will save this response. Question Moving to another question will save this response. Question 12 2 points The duties of the board of directors should be distinguished from the role of the management of an organization. Which of the followings is the responsibility of the directors! To focus on the operational aspects of the business To formulate strategic action plans for the business. To impose control and monitoring on the activities of the business. To efficiently utilize the scarce resources of the business. B c. D Quest Moving to another question will save this response. Moving to another question will save this response. Question 13 Corporate governance is concerned with the following matters, except...? How are risk managed? Which aspect of operations should receive more attention? In whose interest is a company governed? Who has the power to make decision for a company? A. B. C. A Moving to another question will save this response. Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test Remaining Time: 1 hour, 22 minutes, 31 seconds. Question Completion Status: 2 3 8 Sh10 11 12 13 14 15 Moving to another question will save this response Question 9 Hypotheses in Positive Accounting Theory include...! A Managerial Branch Hypothesis B. Social Environmental Hypothesis Political Cost Hypothesis OC D Ethical Approach Hypothesis Type here to search i Uved and resumed at any point until time has expired. The time will continue to run if you leave the test Remaining Time: 1pur, 22 minutes, 52 seconds. Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Moving to another question will save this response. Question 4 The normative branch of a Stakeholder Theory argues that... there is no universally appropriate accounting system that can be applied to all firms B. voluntary disclosure is a way a firm is meeting all expectations from the society and become accepted. all stakeholders should be included in the organizational decisions because of their interests in the activities of the finn. stakeholders should be given priority based on their influence or degree of control over the resources required by the firm. D Type here to search