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Question
Accounting is :
1. An art
2. A science
Select the correct answer from the options given below ___________.
Accounting is :
1. An art
2. A science
Select the correct answer from the options given below ___________.
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Solution
The correct option is C Partly 1 and Partly 2
Bookkeeping is known as both art and science. It is called art because it requires creativity, judgment and skills to record the transactions. It is also considered as science because it is a systematic body of knowledge.
Bookkeeping is known as both art and science.
It is called art because it requires creativity, judgment and skills to record the transactions.
It is also considered as science because it is a systematic body of knowledge.
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