[amp_mcq option1=”Lucas Pacioli” option2=”Alfred Marshall” option3=”F. W. Taylor” option4=”Henri Fayol” correct=”option1″]<\/p>\n
The correct answer is A. Lucas Pacioli.<\/p>\n
Lucas Pacioli was an Italian Franciscan friar, mathematician, and accountant. He is considered the father of accounting because he was the first to publish a treatise on double-entry bookkeeping, Summa de arithmetica, geometria, proportioni et proportionalita, in 1494.<\/p>\n
Alfred Marshall was an English economist who is considered one of the most influential economists of the 19th century. He is best known for his work on neoclassical economics, which is based on the idea that the economy is self-regulating and that the best way to achieve economic growth is through free trade and laissez-faire policies.<\/p>\n
F. W. Taylor was an American engineer and management consultant who is considered the father of scientific management. He is best known for his work on time and motion studies, which he used to improve the efficiency of manufacturing processes.<\/p>\n
Henri Fayol was a French mining engineer and management consultant who is considered the father of modern management theory. He is best known for his work on the 14 principles of management, which are still widely used today.<\/p>\n
In conclusion, the first person to publish principles of double entry system was Lucas Pacioli.<\/p>\n","protected":false},"excerpt":{"rendered":"
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