One type of theory construction involves observing the practices and techniques of working accountants and then teaching those practices and techniques to successive accountants.

(a) What type of theory construction is this?

(b) What are the advantages of this approach compared with a decision- usefulness approach to theory construction?

(c) What are the disadvantages of this approach?

(d) Do you believe that this is a good approach to developing a theory of accounting? Why or why not?AppendixLO1