Which of the following is NOT a recognised approach to the establishment of an effective accounting theory? A)regulatory B)deductive C)inductive D)heuristic

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Heuristic is not a recognized approach for establishing an effective accounting theory. The recognized approaches include regulatory, deductive, and inductive methods. Heuristic methods are more about trial and error or self-discovery processes, which are not formalized approaches in the development of accounting theories.

Which of the Following Is NOT a Recognised Approach to the Establishment