Classification of Errors as per Accounting
Answers were Sorted based on User's Feedback
Answer / ravi.ch
error of ommission
error of commission
error of dulplication
error of principle
Is This Answer Correct ? | 18 Yes | 1 No |
Answer / shiva
1.Error of Commission
2.Error of Ommission
3. Error of Principle
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / munawar
error of ommission
error of commission
compensating error
error of principle
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / vishal rana
ERRORS OF OMISSION,
ERRORS OF COMISION,
ERRORS OF PRINCIPAL,
ERRORS OF DUPLICATION,
COMPENSATING ERROR.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sachin h d
1. Errors of Omission
2. Errors of Commission
3. Errors of Principle
4. Compensating Errors
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shweta
Error of commission
Error of commission
Clerical errors
Is This Answer Correct ? | 2 Yes | 8 No |
one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction.
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