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What is Rectification of Errors and types of errors?
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Answer Posted / lxmi1972
These are nothing but an error can happens in accounts for
which rectification need to be done to set right the
accounts.
Following are Types of Error can occur:
1.Error of commission
2.Error of omission
3.Compensating Errors
4.Casting errors.
| Is This Answer Correct ? | 36 Yes | 5 No |
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