BUSINESS ADMINISTRATION
BUSINESS COMMUNICATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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from for form
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it is f or is it
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hear for here
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its for it’s
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Detailed explanation-1: -A transposition error is a common accounting error that is caused by substituting two (or more) sequential digits. For example, when a bookkeeper enters the number 56 instead of 65, it is a transposition error. To spot the errors, find the difference between the recorded amount and the correct amount.
Detailed explanation-2: -A transposition error is a data entry snafu that occurs when two digits are accidentally reversed. These mistakes are caused by human error.
Detailed explanation-3: -Example of a Transposition Error For example, the number 63 is entered as 36, which is a difference of 27. The number 27 is evenly divisible by 9. Similarly, the number 72 is entered as 27, which is a difference of 45, which is also evenly divisible by 9.
Detailed explanation-4: -What are the 4 types of accounting errors? Most accounting errors can be classified as data entry errors, errors of commission, errors of omission and errors in principle.