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A limitation of the use of inductive reasoning in the development of an accounting theory is...

A limitation of the use of inductive reasoning in the development of an accounting theory is that it: Select one: a. is only useful for developing normative theories. b. does not question the appropriateness of the observed actions. c. is based on identifying a set of objectives. d. attempts to improve a particular process.

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Answer #1

B. does not question the appropriateness of the observed actions.

Explanation-Inductive approach "does not imply disregarding theories" when formulating research questions and objectives. This approach aims to generate meanings from the data set collected in order to identify patterns and relationships to build a theory; however, inductive approach does not prevent the researcher from using existing theory to formulate the research question to be explored.

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