Which of the following accurately reflects the status of research in the classification of countries in terms of accounting practices?
A) the deductive approach is superior to the inductive approach.
B) the inductive approach focuses too much on environmental factors rather than accounting practices.
C) narrow country groupings are possible due to advances in research methodology.
D) only very general relationships between environmental factors and accounting systems have been established.

Question

Quizplus · Accepted Answer

Existing research has found only very general relationships between environmental factors and accounting systems, indicating that more research is needed in this area. The deductive approach (A) and inductive approach (B) are both used in this field, with no clear superiority of one over the other. Narrow country groupings (C) may not be possible due to the complex and diverse nature of accounting systems in different countries.

Which of the Following Accurately Reflects the Status of Research