Ask Question
BusinessBusiness
10 June, 09:20

Write the meaning of errors of omission with examples

+4
Answers (1)
  1. 10 June, 11:49
    0
    not including something

    Explanation:

    errors of omission a mistake that consists of not doing something you should have done, or not including something such as an amount or fact that should be included

    example

    I sell you a house not telling you that the house is in a lake
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Write the meaning of errors of omission with examples ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Handy Holly Co. provides a variety of household repairs and warranties her work for a six-month period. Holly provided $13,000 of service fees during the month and anticipates that warranty repairs for these sales will total $400.
Answers (1)
Brittany sold her stock (the basis of $60,000) to her brother, Ridge, for $35,000, the fair market value. Her brother subsequently sells the stock to the third party for $34,000. What is Ridge's recognized gain or (loss) ?
Answers (1)
Real estate is an attractive investment because it a. is high risk. b. provides quick profits. c. is equity free. d. provides the security of a place to live in retirement.
Answers (1)
A rock star intentionally sets her ticket prices below what would be necessary to sell out her shows. how might this be justified by a manager whose goal is to maximize long-term profit?
Answers (1)
Angelo is a wholesale meatball distributor. He sells his meatballs to all the finest Italian restaurants in town. Nobody can make meatballs like Angelo. As a result, his is the only business in town that sells meatballs to restaurants.
Answers (1)
New Questions in Business
True or false Each consumer has a credit score in their credit report and the score adjusts up or down each month, based on positive or negative information reported by creditors
Answers (1)
Which type of unemployment is caused by a lack of demand for workers as a result of a shrinking economy?
Answers (1)
Actionable performance measures should be meaningful to a company's management and should provide the basis for decisions at the strategic level in an organization. A. True B. False
Answers (1)
In what countries is it important to keep a certain distance from the person you are greeting?
Answers (1)
If a company is using the accrual basis accounting method, when should it record its earned revenue? a. when cash is received, even though services may be rendered at a later date b.
Answers (1)
Home » Business » Write the meaning of errors of omission with examples
Sign Up Forgot Password?