Question 1 a. Different branches of accounting contribute to the decision making process of an organization from a different perspectives. It is a process of behavior that influence the policies and strategies of an organization. In this context You are required to Define Behavioral Research and list down Birnberg and Shields Five branches of behavioral research? with examples (20 marks - Maximum 400 words +/- 10%) b. A positive theory seeks to explain and predict particular phenomena whereas normative theories prescribe how a particular practice should be undertaken. In this context: You are required to Define Positive Accounting Theory (PAT) and state the Agency cost with examples (10 marks - Maximum 200 words +/- 10%) Question 1 a. Different branches of accounting contribute to the decision making process of an organization from a different perspectives. It is a process of behavior that influence the policies and strategies of an organization. In this context You are required to Define Behavioral Research and list down Birnberg and Shields Five branches of behavioral research? with examples (20 marks - Maximum 400 words +/- 10%) b. A positive theory seeks to explain and predict particular phenomena whereas normative theories prescribe how a particular practice should be undertaken. In this context: You are required to Define Positive Accounting Theory (PAT) and state the Agency cost with examples (10 marks - Maximum 200 words +/- 10%)