M

Mr. Dubey • 53.60K Points
Coach 

Q. ‘Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of _

(A) Error of principle
(B) Error of commission
(C) Error of omission
(D) Error of duplication
  • Correct Answer - Option(A)
  • Views: 174
  • Filed under category Auditing
Share

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.

Related Posts

Q. Which of the following is not true about opinion on financial statements?

Q. The balance of cash in often between one to five percent of total assets. Tick the most appropriate statement with regard to verification of cash in context of this

Q. According to Section ___ Special Audit is conducted at the central government

Q. Which of the following is not a way of helping developing economies?

Q. In Pakistan insurance company can be formed and is registered under the :

Q. Analytical procedure is carried out for which one of the following purpose?

Q. Payment for building purchased should be vouched with the help of

Q. What would be the most likely cause of an unfavorable labor rate variance together with a favorable labor efficiency variance?

Q. The auditor’s permanent working paper file should not normally, include

Q. The main object of vouching is :

View All Posts

Question analytics