Question 1

According to the critical perspective,which of the following is not a role of the Conceptual Framework Project?

Accepted Answer

A)  The role of conceptual frameworks is not to improve the practice of financial accounting. 
B)  The role of conceptual frameworks is to improve the practice of financial accounting. 
C)  Conceptual frameworks legitimise the role of the accounting profession within society. 
D)  Conceptual frameworks provide a source of power for those people currently holding positions of power and wealth. 
A)  The role of conceptual frameworks is not to improve the practice of financial accounting. 
B)  The role of conceptual frameworks is to improve the practice of financial accounting. 
C)  Conceptual frameworks legitimise the role of the accounting profession within society. 
D)  Conceptual frameworks provide a source of power for those people currently holding positions of power and wealth.

Question 2

Which of the following reveals critical theorists' view on disclosure of social responsibility information?

Accepted Answer

A)  Corporate social reporting may be beneficial because it gives the impression of concern and change but in fact, will do no more than allow the system to 'capture' the radical elements of, for example, socialism, environmentalism or feminism and thus emasculate them. 
B)  Greater disclosure of social responsibility information efforts are wasted unless they are accompanied by fundamental changes in how society is structured. 
C)  The disclosure of corporate social responsibility information acts to legitimise, and challenge, those providing the information. 
D)  All of the given options are correct. 
A)  Corporate social reporting may be beneficial because it gives the impression of concern and change but in fact, will do no more than allow the system to 'capture' the radical elements of, for example, socialism, environmentalism or feminism and thus emasculate them. 
B)  Greater disclosure of social responsibility information efforts are wasted unless they are accompanied by fundamental changes in how society is structured. 
C)  The disclosure of corporate social responsibility information acts to legitimise, and challenge, those providing the information. 
D)  All of the given options are correct.

Question 3

Broadly speaking,critical researchers have been:

Accepted Answer

A)  Successful in identifying problems in accounting practices but unsuccessful in changing practices 
B)  Successful in exposing problems in accounting practices and successful in changing practices 
C)  Unsuccessful in exposing problems in accounting practices but successful in changing practices 
D)  Unsuccessful in exposing problems in accounting practices and unsuccessful in changing practices 
A)  Successful in identifying problems in accounting practices but unsuccessful in changing practices 
B)  Successful in exposing problems in accounting practices and successful in changing practices 
C)  Unsuccessful in exposing problems in accounting practices but successful in changing practices 
D)  Unsuccessful in exposing problems in accounting practices and unsuccessful in changing practices

Question 4

Which of the following statements regarding the 'critical perspective' of accounting is true?

Accepted Answer

A)  Critical perspective describes research undertaken by many researchers that sometimes apply different philosophical perspectives. 
B)  In the critical perspective there is no single established theory or approach. 
C)  In the critical perspective there is little consensus on how to proceed, aside from an absolute horror of modernity and neo-classical economics. 
D)  All of the given options are correct. 
A)  Critical perspective describes research undertaken by many researchers that sometimes apply different philosophical perspectives. 
B)  In the critical perspective there is no single established theory or approach. 
C)  In the critical perspective there is little consensus on how to proceed, aside from an absolute horror of modernity and neo-classical economics. 
D)  All of the given options are correct.

Question 5

Critical researchers interpret the Australian accounting bodies' opposition to mandatory corporate social and environmental reporting as evidence that the accounting profession:

Accepted Answer

A)  Is legitimately concerned with introducing unnecessary regulation 
B)  Does not believe mandatory reporting would enhance corporate accountability 
C)  Does not believe shareholders and the public support mandatory reporting 
D)  Promotes the interests of business above the interests of other stakeholders 
A)  Is legitimately concerned with introducing unnecessary regulation 
B)  Does not believe mandatory reporting would enhance corporate accountability 
C)  Does not believe shareholders and the public support mandatory reporting 
D)  Promotes the interests of business above the interests of other stakeholders

Question 6

Which of the following does not describe praxis?

Accepted Answer

A)  It is an objective and neutral evaluation of the role accounting plays in society. 
B)  Praxis is usually focused at the broader level of society rather than at specific accounting practices. 
C)  Praxis is concerned with changing ethical, social, political and economic life along socialist lines. 
D)  It is the assumption of a circular relationship between theory and practice. 
A)  It is an objective and neutral evaluation of the role accounting plays in society. 
B)  Praxis is usually focused at the broader level of society rather than at specific accounting practices. 
C)  Praxis is concerned with changing ethical, social, political and economic life along socialist lines. 
D)  It is the assumption of a circular relationship between theory and practice.

Question 7

Critical researchers believe:

Accepted Answer

A)  They are objective and neutral, but that non-critical researchers are biased and partisan 
B)  They are biased and partisan, but that non-critical researchers are objective and neutral 
C)  That both critical and non-critical researchers are objective and neutral 
D)  That both critical and non-critical researchers are biased and partisan 
A)  They are objective and neutral, but that non-critical researchers are biased and partisan 
B)  They are biased and partisan, but that non-critical researchers are objective and neutral 
C)  That both critical and non-critical researchers are objective and neutral 
D)  That both critical and non-critical researchers are biased and partisan

Question 8

Critical researchers believe increased corporate social and environmental disclosures may:

Accepted Answer

A)  'Capture' radical movements 
B)  Place unnecessary burdens on corporations 
C)  Improve corporate social and environmental performance 
D)  Address some of the inherent inequities of capitalist society 
A)  'Capture' radical movements 
B)  Place unnecessary burdens on corporations 
C)  Improve corporate social and environmental performance 
D)  Address some of the inherent inequities of capitalist society

Question 9

Which of the following statements is true,when comparing the research undertaken by critical theorists with the work undertaken by other accounting researchers?

Accepted Answer

A)  Most accounting researchers tend to accept current social systems as 'given', unlike critical theorists that question whether current systems of accounting systematically favour certain classes in society at the expense of others. 
B)  Critical theorists do not tend to debate which methods of accounting should be employed, rather they reconsider the structures of society in terms of whether the structures are equitable. 
C)  Critical theorists view accounting as a social practice within political struggles and not merely a market practice guided by equilibrium in an efficient market. 
D)  All of the given options are correct. 
A)  Most accounting researchers tend to accept current social systems as 'given', unlike critical theorists that question whether current systems of accounting systematically favour certain classes in society at the expense of others. 
B)  Critical theorists do not tend to debate which methods of accounting should be employed, rather they reconsider the structures of society in terms of whether the structures are equitable. 
C)  Critical theorists view accounting as a social practice within political struggles and not merely a market practice guided by equilibrium in an efficient market. 
D)  All of the given options are correct.

Question 10

Marxists believe capitalism is inherently:

Accepted Answer

A)  Unstable 
B)  Unjust 
C)  Contradictory 
D)  All of the given options are correct. 
A)  Unstable 
B)  Unjust 
C)  Contradictory 
D)  All of the given options are correct.

According to the critical perspective,which of the following is not a role of the Conceptual Framework Project?

Which of the following reveals critical theorists' view on disclosure of social responsibility information?

Broadly speaking,critical researchers have been:

Which of the following statements regarding the 'critical perspective' of accounting is true?

Critical researchers interpret the Australian accounting bodies' opposition to mandatory corporate social and environmental reporting as evidence that the accounting profession:

Which of the following does not describe praxis?

Critical researchers believe:

Critical researchers believe increased corporate social and environmental disclosures may:

Which of the following statements is true,when comparing the research undertaken by critical theorists with the work undertaken by other accounting researchers?

Marxists believe capitalism is inherently:

Introduction to Financial Accounting Theory

The Financial Reporting Environment

The Regulation of Financial Accounting

International Accounting

Measurement Issues: Accounting for the Effects of Changing Prices and Market Conditions

Normative Theories of Accounting: The Case of Conceptual Framework Projects

Positive Accounting Theory

Unregulated Corporate Reporting Decisions: Considerations of Systems-Oriented Theories

Extending Corporate Accountability: The Incorporation of Social and Environmental Factors Within External Reporting

Reactions of Capital Markets to Financial Reporting

Reactions of Individuals to Financial Reporting: An Examination of Behavioural Research in Accounting

Filters

Exam 12: Critical Perspectives of Accounting

According to the critical perspective,which of the following is not a role of the Conceptual Framework Project?

Which of the following reveals critical theorists' view on disclosure of social responsibility information?

Broadly speaking,critical researchers have been:

Which of the following statements regarding the 'critical perspective' of accounting is true?

Critical researchers interpret the Australian accounting bodies' opposition to mandatory corporate social and environmental reporting as evidence that the accounting profession:

Which of the following does not describe praxis?

Critical researchers believe:

Critical researchers believe increased corporate social and environmental disclosures may:

Which of the following statements is true,when comparing the research undertaken by critical theorists with the work undertaken by other accounting researchers?

Marxists believe capitalism is inherently:

Introduction to Financial Accounting Theory

The Financial Reporting Environment

The Regulation of Financial Accounting

International Accounting

Measurement Issues: Accounting for the Effects of Changing Prices and Market Conditions

Normative Theories of Accounting: The Case of Conceptual Framework Projects

Positive Accounting Theory

Unregulated Corporate Reporting Decisions: Considerations of Systems-Oriented Theories

Extending Corporate Accountability: The Incorporation of Social and Environmental Factors Within External Reporting

Reactions of Capital Markets to Financial Reporting

Reactions of Individuals to Financial Reporting: An Examination of Behavioural Research in Accounting

Filters