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Accounting

1. Which of the following is true about theories in general?

A. Theories can include any coherent set of ideas or statements to explain, or provide guidance in respect of,

certain phenomena.

B. Theories must be empirically based to describe what is, rather than what should be.

C. Theories must be based on inductive reasoning to provide a generalisation or prediction.

D. All of the given options are correct.

Option 1

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