Question

Who defined “Accountancy” as the theory and practice of accounting?

• A. Luca Pacioli
• B. Eric Kohler
• C. Adam Smith
• D. Henry Fayol

Answer 1

Answer:

B. Eric Kohler

ACCOUNTANCY

• Eric Kohler Accountancy is the theory and practice of Accounting.

• Accounting relates to applying the knowledge of Accountancy.

• Refers to a systematic knowledge of Accounting concerned with the principle and techniques which are applied in accounting.