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what best describes the inductive approach of accounting theory? a. it base on the researcher's belief and dominate in 1920s to 1960s b. aims to

what best describes the inductive approach of accounting theory?

a. it base on the researcher's belief and dominate in 1920s to 1960s

b. aims to provide true income

c. results the conceptual framework of accounting

d. base on observing what is done in practice

political cost hypothesis assumes that large firms rather than small firms are more likely to use accounting choices that reduce reported profits

Select one: True False

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