A transaction not recorded at all is called as an error of __________.

principle

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complete omission

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partial omission

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duplication

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Solution

The correct option is D complete omission
Accounting errors are classifies as:
1) Error of Principle
2) Error of Omission
3) Error of Commission
4) Compensating error

When a transaction is omitted in recording in the books of account, this is an error of omission.
Hence, a transaction not recorded at all is called as an error of complete omission.

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