Which of the followings is an argument of people who are against regulating accounting? Select one: a. regulation will lead to oversupply of information as users who do not bear the cost of supply tend to overstate their needs b. markets for information not efficient c. investors need protection from fraudulent organisations d. regulation does not restricts the accounting methods able to be used

evaluating logical deduction to prove a theory means

Select one: a. even if logical deduction exist theory still might be rejected b. it is enough to prove the theory c. theory should be evaluated d. if premises true conclusion are true

positive accounting theory has a gap between the practice and academia

Select one: True False

s an example on the inductive approach

Select one: a. accounting for hyperinflation b. doctrine of conservatism c. conceptual framework d. rational economic assumption theory