When two digits in an amount are accidentally recorded the wrong way round will be called as: a. Error of Commission b. Error of Omission c. Error of Transposition d. Error of Principle
When two digits in an amount are accidentally recorded the wrong way round will be called as: a. Error of Commission b. Error of Omission c. Error of Transposition d. Error of Principle
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter22: Accounting For Changes And Errors.
Section: Chapter Questions
Problem 17GI
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Question
When two digits in an amount are accidentally recorded the wrong way round will be called as:
a.
Error of Commission
b.
Error of Omission
c.
Error of Transposition
d.
Error of Principle
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