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Accountancy Choose the correct answer.

Rectification of Errors · Tamil Nadu Board STD 11 (Tamil - English Medium). 5 questions.

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5 questions · timed · auto-graded

MCQ 11 Mark
Sales book is undercast by ₹ 100, classify the error
  • A
    Errors of principle
  • B
    Errors of commission
  • ✓
    Errors in casting
  • D
    Errors of omission
Answer
Correct option: C.
Errors in casting
Errors in casting
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MCQ 21 Mark
The total of salary account is carried forward ₹ 1200 excess ……………….
  • ✓
    Errors in carry forward
  • B
    Errors in posting
  • C
    Errors in casting
  • D
    Errors of commission
Answer
Correct option: A.
Errors in carry forward
Errors in carry forward
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MCQ 31 Mark
The errors that make up for each other or neutralise each other are known as ………………
  • A
    Errors of commission
  • B
    Errors of principle
  • C
    Errors of omission
  • ✓
    Compensating errors
Answer
Correct option: D.
Compensating errors
Compensating errors
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MCQ 41 Mark
When the accountant has failed to record a part of the transaction is known as ………………
  • ✓
    Error of partial omission
  • B
    Error of commission
  • C
    Compensating errors
  • D
    Error of principle
Answer
Correct option: A.
Error of partial omission
Error of partial omission
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MCQ 51 Mark
The errors can be classified into ……………… types.
  • A
    One
  • B
    Two
  • C
    Three
  • ✓
    Four
Answer
Correct option: D.
Four
Four
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Choose the correct answer. - Accountancy STD 11 Questions - Vidyadip