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Question 1 - Nature Construction and vertification of theories a. What is meant by the inductive approach to theory development? Explain how the inductive approach

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Question 1 - Nature Construction and vertification of theories a. What is meant by the inductive approach to theory development? Explain how the inductive approach has been used in accounting theory development and provide examples of how an inductive theory can be evaluated (10 marks). b. Compare and contrast the inductive approach to theory development with the deductive approach (10 marks)

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