Several Types of Errors Can Be Made During the Journalizing

question 10

Multiple Choice

Several types of errors can be made during the journalizing and posting process. Match the following with their best description.
-Column incorrectly added

• A)Trial balance preparation errors
• B)Account balance errors
• C)Posting errors
• Challenging

---

Definitions:

Negligently

Acting in a careless or irresponsible manner, failing to take the care that a reasonably prudent person would take in similar circumstances.

Reference

a mention or citation of a source of information or evidence in scholarly work, or a recommendation from someone known to the requester.

Punitive Damages

Monetary compensation awarded to the plaintiff, over and above actual damages, intended to punish the defendant for egregious conduct.

Excess

The amount that is more than necessary, needed, or specified; in insurance, it refers to the part of a claim that the insured must pay, which is not covered by the insurer.