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Where a wrong figure occurs in only one account with the second figure correctly ...

Where a wrong figure occurs in only one account with the second figure correctly stated, this is an error of
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  • A Transposition
  • B Compensation
  • C Omission
  • D Commission
Correct Answer: Option A
Explanation:
A transposition error is a data entry error that occurs when two digits are accidentally reversed. It is where a bookkeeper accidentally reverses two adjacent digits, when recording transactional data.

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