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Question Practice

What is an example of an error of principle?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Trial Balance and Rectificatio...
Question Bank

What is an example of an error...

Single Answer MCQ
Q-00054181

What is an example of an error of principle?

1

Recording cash sales in the cash book

2

Incorrectly classifying an expense

3

Omitting a transaction entirely

4

Misreporting revenue

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