Which of the following errors will affect the Trial Balance? MCQ with Answer and Explanation

Question

Share Report Error

Which of the following errors will affect the Trial Balance?

A. Error of omission

B. Error of commission

C. Error of principle

D. One-sided error

Answer: Option D

Solution (By JKSSB Mock Tests)

A one-sided error (e.g., posting to only one account) causes disagreement in trial balance. Other errors may not affect the trial balance agreement.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Accountancy and Book Keeping Questions

Question #1

Which of the following is a 'Voucher' in a manual accounting system?

A. A documentary evidence of a transaction

B. A cash memo

C. Both B and C

D. A printed receipt

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Voucher includes any documentary evidence like cash memo, invoice, receipt.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

Question #2

Social Accounting primarily measures:

A. Tax paid to government

B. Dividends to shareholders

C. Impact of an entity on society and environment

D. Only financial performance

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
It quantifies social costs and benefits generated by an enterprise.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

Question #3

A 'Ledger Account' is balanced at the end of the accounting period to find:

A. Net profit

B. Total purchases

C. Net balance (debit or credit)

D. Gross profit

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Balancing an account means finding the difference between debit and credit totals.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

Explore All Accountancy and Book Keeping MCQs