CA Foundation Errors — practice questions

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Errors questions and exercises with answers

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Goods worth ₹5,000 sold to Ram were recorded in the books as ₹500. This is an error ofRead the answer and worked solution →

Worked practice questions

Goods worth ₹5,000 sold to Ram were recorded in the books as ₹500. This is an error of

omission
commission
principle
compensating

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Correct answer: B. commission

Recording a wrong amount (₹500 instead of ₹5,000) within the correct accounts is an error of commission.

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