- 1 Marks
Question
Which of the following errors will cause the trial balance totals to be unequal?
A. Errors of transposition
B. Errors of omission
C. Errors of principle
D. Compensating error
E. Error of commission
Answer
A. Errors of transposition
Explanation:
Errors of transposition occur when digits are reversed, causing a mismatch in the trial balance. For example, writing N542 instead of N452 can result in unequal totals. Other errors, such as errors of omission or principle, do not cause trial balance discrepancies.
- Tags: Errors, Principle, Transposition, Trial Balance
- Level: Level 1
- Topic: Trial Balance: Usefulness and Limitations
- Series: MAR/JULY 2020
- Uploader: Theophilus