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Chapter 21 of 28
Important Questions

Rectification of Errors — Important Questions

ICSE · Class 11 · Accountancy

45 important questions from Rectification of Errors for ICSE Class 11 Accountancy, with answers. Part of the ICSE Class 11 Accountancy syllabus.

45 questions34 flashcards2 formulas & key relations5 concepts

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45 Questions·
multiple choicetrue falsemultiple correct

Important Questions from Rectification of Errors

1multiple choice
1 marks

When an error is located quickly in the journal or ledger posting, how may it be corrected?

Show answer

By crossing out the wrong figure with a single line and writing the correct figure above

If the mistake is found quickly, the wrong figure may be neatly crossed out with one line and the correct figure written above it.

2multiple choice
1 marks

Which error is classified as a one-sided error?

Show answer

An item is posted on the wrong side of one account

A one-sided error affects only one side of one account, such as posting on the wrong side.

3multiple choice
1 marks

Which case is a one-sided error according to the chapter?

Show answer

Wrong amount posted to an account

Posting the wrong amount to one account is a one-sided error.

4multiple choice
1 marks

What is the rule for placing the difference in Trial Balance into Suspense Account?

Show answer

It should be entered on the side which has the smaller total in the trial balance

The difference is put on the side with the smaller total so that the Trial Balance tallies.

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Frequently Asked Questions

What are the important topics in Rectification of Errors for ICSE Class 11 Accountancy?
Key topics in Rectification of Errors include Meaning and Need for Rectification, Classification of Errors, Two Sided Errors and Their Rectification, One Sided Errors and Suspense Account. Study these first, then practise questions on each for Class 11 exams.
How many important questions are there in Rectification of Errors?
Super Tutor has 45 practice questions for Rectification of Errors, including multiple choice, true false, multiple correct questions. A sample with answers is on this page.

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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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