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Select the most appropriate alternative from those given below and rewrite the sentence: If transaction is totally omitted from the Books, it is called ______ - Book Keeping and Accountancy

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Question

Select the most appropriate alternative from those given below and rewrite the sentence:

If transaction is totally omitted from the Books, it is called ______

Options

  • Error of recording

  • Error of omission

  • Error of principle

  • Error of commission

MCQ
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Solution

If transaction is totally omitted from the Books, it is called Error of omission.

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Chapter 8: Rectification of Errors - Exercises [Page 267]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 8 Rectification of Errors
Exercises | Q 3. 4) | Page 267
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