Error of Principle – NBC Institute

FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors

Identifying the type of error when motor repairs are recorded in the Motor Vehicle account.

Question

The amount expended on motor repairs recorded in the Motor Vehicle account is an error of ____________.

Answer

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Tags: Accounting for Repairs, Error of Principle, Errors in accounting
Level: Level 1

Topic: Correction of errors
Series: NOV 2013

FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations

Identify the type of error that does not affect the balancing of the trial balance.

Question

Which of the following errors does NOT affect the balancing of a trial balance?
A. Error of principle
B. Casting error
C. Transposition error
D. Duplication of entries
E. Missing entries in the ledger

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Errors, Error of Principle, Trial Balance
Level: Level 1

Topic: Trial Balance: Usefulness and Limitations
Series: MAY 2015

FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors

Identifying the type of error when motor repairs are recorded in the Motor Vehicle account.

Question

The amount expended on motor repairs recorded in the Motor Vehicle account is an error of ____________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting for Repairs, Error of Principle, Errors in accounting
Level: Level 1

Topic: Correction of errors
Series: NOV 2013

FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations

Identify the type of error that does not affect the balancing of the trial balance.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Errors, Error of Principle, Trial Balance
Level: Level 1

Topic: Trial Balance: Usefulness and Limitations
Series: MAY 2015

Question Tag: Error of Principle

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FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors

Identifying the type of error when motor repairs are recorded in the Motor Vehicle account.

FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations

Identify the type of error that does not affect the balancing of the trial balance.

FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors

Identifying the type of error when motor repairs are recorded in the Motor Vehicle account.

FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations

Identify the type of error that does not affect the balancing of the trial balance.

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Question Tag: Error of Principle

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FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors

Identifying the type of error when motor repairs are recorded in the Motor Vehicle account.

You're reporting an error for "FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors"

FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations

Identify the type of error that does not affect the balancing of the trial balance.

You're reporting an error for "FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations"

FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors

Identifying the type of error when motor repairs are recorded in the Motor Vehicle account.

You're reporting an error for "FA – Nov 2013 – L1 – SA – Q27 – Correction of Errors"

FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations

Identify the type of error that does not affect the balancing of the trial balance.

You're reporting an error for "FA – MAY 2015 – L1 – SA – Q13 – Trial Balance: Usefulness and Limitations"

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