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Question-1
Which of the following error does not affect the trial balance.
(A)
Error in casting
(B)
Error of partial omission
(C)
Error in principle
(D)
All of above
Question-2
Which of the following is a clerical error
(A)
Error of omission
(B)
Error of Commission
(C)
Compensating error
(D)
All the above
Question-3
________ errors will affect the total of trial balance .
(A)
Two sided error
(B)
One sided error
(C)
None of these
(D)
Both of these
Question-4
When sale of goods is not recorded it is ____.
(A)
An error in posting
(B)
Error of omission
(C)
Error of Commission
(D)
Error of principle.
Question-5
If errors are not located before the preparation of trial balance in such a case ______ are not required
(A)
Rectifying entries
(B)
Adjusting entries
(C)
Opening entries
(D)
Closing entries
Question-6
If the trial balance agrees, it implies that
(A)
There is no error in the books
(B)
There may be two sided errors in the book
(C)
There may be one sided error in the book
(D)
There may be both two sided and one sided errors in the books.
Question-7
An error which occur simultaneously in two account as one account has been wrongly debited and another account has been wrongly credited is known as _______ errors.
(A)
One sided
(B)
Two sided
(C)
None of these
(D)
All of these
Question-8
Repairs to machinery debited to machinery Account is
(A)
Errors of principle
(B)
Error in posting
(C)
Error in recording
(D)
Compensatory error
Question-9
_______ account is used for rectifying the one sided errors only.
(A)
Suspense
(B)
Capital
(C)
Trial balance
(D)
None of these
Question-10
Which of the following is not an error of commission.
(A)
Over drafting of sales book
(B)
Credit sales to Ramesh Rs.5,000 credited to his account
(C)
Wrong balancing of machinery account
(D)
Cash sales not recorded in cash book
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Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
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