the five sample groups (FM, STA, SRA and AC) were provided with a list of some
of the LAAA’s objectives as shown in Tables XIII-XVII and asked to rank the extent to
which they think the LAAA succeeded in achieving them utilizing the Likert scale
(from extremely limited extent to very substantial).
The results in Table XIII show that over half of respondents had the same opinion of
the LAAA. It has a substantial role in developing accounting standards, with an
average score of 3.1, while nearly 43 per cent viewed its role as limited and only about
5 per cent of them were unaware of the LAAA role. The results in the Table XIII also
indicate that 52- 55 per cent of FM and AC groups, respectively, believed that the
the five sample groups (FM, STA, SRA and AC) were provided with a list of someof the LAAA’s objectives as shown in Tables XIII-XVII and asked to rank the extent towhich they think the LAAA succeeded in achieving them utilizing the Likert scale(from extremely limited extent to very substantial).The results in Table XIII show that over half of respondents had the same opinion ofthe LAAA. It has a substantial role in developing accounting standards, with anaverage score of 3.1, while nearly 43 per cent viewed its role as limited and only about5 per cent of them were unaware of the LAAA role. The results in the Table XIII alsoindicate that 52- 55 per cent of FM and AC groups, respectively, believed that the
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