WAEC Accounting 2020 Objective — Question 4
Question 4 of 50 from the West African Examinations Council (WAEC) Accounting 2020 Objective paper, with the correct answer and a full explanation.
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A credit purchase of GH¢200 from Osae was posted to the account of Osei. This is an error of
- A. principle
- B. commissionCorrect
- C. omission
- D. original entry
Explanation
When an account is posted in the wrong name (Osei instead of Osae), such error is referred to as an error of commission.
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