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  3. Study Set
    Intermediate Accounting Study Set 2
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    Exam 1: Environment and Theoretical Structure of Financial Accounting
  5. Question
    Accounting Standard-Setting Has Been Characterized As
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Accounting Standard-Setting Has Been Characterized As

Question 14

Question 14

Multiple Choice

Accounting standard-setting has been characterized as:


A) A political process.
B) Using the scientific method.
C) Pure deductive reasoning.
D) Pure inductive reasoning.

Correct Answer:

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