Trial balance is not a conclusive proof of accuracy due to which errors.
I.Error of omission
II.Error of Principle
III.Error of Commission
IV.Compensatory Errors
A)All I,II,III and IV
B)Only I,II and III
C)Only I,II and IV
D)Only II and III

Question

Quizplus · Accepted Answer

All the mentioned errors (Error of omission, Error of Principle, Error of Commission, and Compensatory Errors) can exist in a trial balance without affecting its balance, thus not providing conclusive proof of accuracy.

Trial Balance Is Not a Conclusive Proof of Accuracy Due