According to the inductive approach to accounting classification,
A) accounting practices are analyzed and used to develop accounting groups.
B) international accounting groups are developed by linking environmental factors to national practices.
C) it is impossible to compare countries due to political differences.
D) Mueller classifies accounting systems into the following patterns: macroeconomic, microeconomic, independent discipline, and uniform accounting.

Question

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The inductive approach to accounting classification involves analyzing accounting practices and using them to develop accounting groups. This method involves starting with specific examples and then drawing broader conclusions based on those examples.

Answer: D 
 Mueller's classification of accounting systems into macroeconomic, microeconomic, independent discipline, and uniform accounting fits within the framework of the inductive approach to accounting classification. This approach involves starting with specific examples and then drawing broader conclusions based on those examples.

According to the Inductive Approach to Accounting Classification