a) Explain the differences between the extrinsic and intrinsic approaches to the classification of accounting system.
*b) Outine and evaluate ONE classification system of each type of approach
c) Assess the usefulness of such classifucation to our understanding of accounting internationally in 2009
Various methods of classifying accounting system have been developed
*a) Summarise and evaluate one classification system that use the deductive approach
*b) Summarise and evaluate one classification system that use the inductive approach
c) Discuss the merits and drawbacks of classifying accounting system.
some examples will be better