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Which one of the following statements is FALSE about positive accounting theory? It imposes an accounting method a firm should use. It is concerned with
Which one of the following statements is FALSE about positive accounting theory?
It imposes an accounting method a firm should use.
It is concerned with explaining accounting practice
It is based on the central economics-based assumption that all individuals' actions are driven by self-interest
Opportunistic perspective occurs when the actions of management are to better their own personal interests
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