An error of commission is one where?
Select ONE answer:
- Transaction has not been recorded
- One side of a transaction has been recorded in the wrong account, and that account is of a different class to the correct account
- One side of a transaction has been recorded in the wrong account, and that account is of the same class as the correct account
- A transaction has been recorded using the wrong amount
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct – A transaction has been posted to the wrong account, but not the wrong class of account.
- Not correct
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