Classification of Errors as per Accounting

Answer Posted / vishal rana

ERRORS OF OMISSION,
ERRORS OF COMISION,
ERRORS OF PRINCIPAL,
ERRORS OF DUPLICATION,
COMPENSATING ERROR.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Assigning natural account to accounting seg. What will happen

1599


Mention what is bank reconciliation?

760


What are the accounting entries for branch accounts?

623


What was the most difficult deal you had to close?

563


A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.

1542






8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

1393


Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

1381


How is scrap value calculated?

637


wht is different between defered tax liablities and defered tax assets??????

1315


Differentiate between consignor and consignee?

678


Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

1658


I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3049


During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1234


Tell me why did you select accounting as your profession?

550


List out things that fall under intangible asset?

625