Soal-Soal Latihan Chapter 1 dan 2 1. How does one theory replace another — that is, how would Keynes’s theories have rendered a ‘death blow’ to quantity theory? Who or what determines which theory survives? 2. Discuss the concept of profit smoothing, and is this practice justified if it is a directive from management (as suggested happened on two occasions)? How does this practice relate to the positive view of wealth maximisation? 3. What is the difference between a fact and a theory? 4. Explain the roles of syntactic, semantic and pragmatic relations in theory development and evaluation. Are all relations necessary to a theory of accounting? 5. What is a paradigm? Give an example of a paradigm in accounting.