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1. In your own words, explain what is meant by "inductive reasoning" and "deductive reasoning." State the differences between the two and provide examples to illustrate.

2. What is the purpose of estimation? Discuss advantages and disadvantages of relying on estimation. Provide an example of estimation used in your daily life.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9395622

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