Normative theory is used to advise what methods should be used for accounting. Positive accounting theory explains and predicts accounting as it is currently happening.
what is the difference between manual accounting and tally accounting?
Difference between social accounting and social audit?
yes
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
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Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
Markowitz is a normative theory while CAPM is a positive theory.
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Normative Economics is the branch of economic analysis that makes prescriptions about the way the economy should work. Positive Economics is the branch of economic analysis that describes the way the economy actually works. Thanks To Louguens Charles
The difference between accounting and auditing?"
what is the difference between manual accounting and tally accounting?
the difference between accounting nations and accounting commerce
positive
Difference between social accounting and social audit?
A positive normative is one which can be examined by referring to facts i.e 80% of your microeconomics class is made up of females. while a normative statement cannot be tested by examining facts it is an opinion or value judgement.
yes