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What is Error of principle in accounting?
An accounting mistake in which an entry is recorded in the incorrect account, violating the fundamental principles of accounting. An error of principle is a procedural error, meaning that the value recorded was the correct value but placed incorrectly. For example, a company may record personal expenses as business expenses. An error of principle is different than failing to record the item in question ("error of omission"), or recording the wrong value in the correct account ("error of commission"). These errors are referred to as input errors.
What type of error is this Good sold to Mr Saad have been forgotten to record in the Sales Journal?
mc100202119 1) Errors of Omission 2) Errors of Commission 3) Errors of Principle 4) Errors of Commission
What is the types errors?
mechanical error, design error, human error.
Errors that are not disclosed by trial balance?
compensating errors error of omission error of commission error of principles complete reversal of entries error of original entry
What is relative errors?
Percent error.
What is granular error?
granular error is the small errors
What do you mean by single bit error correction?
A special system of multiple parity bits (e.g. Hamming parity) that allows not only error detection but limited error correction.Ordinary single bit parity can detect reliably single bit errors.Hamming parity can correct single bit errors and detect reliably double bit errors.
What is error checking?
Checks for errors.
What is the role of chance oversight and error in the writing of history?
Nothing
What is the plural of error?
Errors.
What type of errors we have in Java programming?
syntax error, Runtime error, Longic error
How should an insurance billing specialist correct an error on a patient's record?
elctronic health record how should an error be corrected on a patient
