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  3. Study Set
    Introduction to Financial Accounting
  4. Exam
    Exam 5: Double-Entry Bookkeeping 2: Books of Prime Entry, Accounting Systems and Other Double-Entry Applications
  5. Question
    What Type of Error Results in Two or More Errors
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What Type of Error Results in Two or More Errors

Question 38

Question 38

Multiple Choice

What type of error results in two or more errors cancelling each other out?


A) A complete reversal of entries.
B) An error of original entry.
C) A compensating error.
D) An error of principle.

Correct Answer:

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