CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is an error of omission and commission?


Open in App
Solution

Errors of omission are characterised as those mistakes that result from an incomplete or complete exclusion of an exchange from the record books.

Errors of commission are characterised as those mistakes that happen because of erroneous recording of exchanges in the record books.

Also see:


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Finding Missing Figures ll
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon