Discuss the deductive approaches

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Question: 1. In accounting, deductive approaches are generally normative. Why do you think this is the case?

2. A frequent argument is that inductive reasoning is value-free because it. simply investigates empirical evidence. Yet some charge that it is not value-free. What do you think is the basis for this charge?

3. Do you think that the work of a policy-making organization such as the FSB or the SEC is normative (value-judgment oriented) or positive (oriented toward value-free rules)? Discuss.

Reference no: EM131529372

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