Accounting theory is developed and refined by the process of accounting research.

Name: Accounting theory is developed and refined by the process of accounting research.
Brand: Quizplus
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Question

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Accounting theory is not static and constantly evolves through research, observation, and analysis. The findings of accounting research can lead to the development and refinement of existing theories or the creation of new ones. Therefore, accounting research plays a vital role in advancing accounting theory.

Accounting Theory Is Developed and Refined by the Process of Accounting