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Yanka [14]
3 years ago
9

Which among the 4 common errors that leads to unbalanced account is the EASIEST to resolve. Explain Why.

Business
1 answer:
NISA [10]3 years ago
4 0

The common errors that leads to unbalanced account and are the easiest to resolve includes the <em>error of </em><em>Omission, Commission</em>. <em>Original Entry and Duplication</em><em>.</em>

In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.

Generally, the recognized type of errors in accounting includes:

  • <em>Error of Original Entry</em>
  • <em>Error of Duplication</em>
  • <em>Error of Omission</em>
  • <em>Error of Entry Reversal</em>
  • <em>Error of Principle </em>
  • <em>Error of Commission</em>
  • <em>Transposition Errors</em>
  • <em>Rounding Errors </em><em>etc</em>

In conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the <em>error of </em><em>Omission, Commission</em>. <em>Original Entry and Duplication</em><em> </em>because they are easy to correct.

Read more about this here

<em>brainly.com/question/5188412</em>

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Explanation:

A monopolist is the only producer of a good in the market or at least wields significant market power. As a result, they can set their own prices without regard for how competitors would react.

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An unfair labor practice simply occurs when the National Labor Relations Act is being violated. Some if the unfair labor practice include when a worker is threatened when he or she files a ULP charge. Also, the refusal to negotiate with an agency in good faith etc.

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Therefore, the correct option is A.

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The question that can be answered using only raw data is C. What is the <u>date, amount sold</u>, and <u>customer number</u> for a sale transaction?

<h3>What is raw data?</h3>

Raw data refers to data that has <u>not been processed</u> for use.

For example, unlike the perishable items to be ordered first or the lowest sales per week data, the data on the date, amount sold, and customer number for a sale transaction remain unprocessed and therefore raw.

Thus, the question that can be answered using only raw data is C. What is the <u>date, amount sold</u>, and <u>customer number</u> for a sale transaction?

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