Concept:Transposition is an error caused by reversing the order of two digits in a financial figure.
Explanation:When the positions of digits are accidentally swapped, the recorded amount becomes different from the true amount.
For example, writing
N624 as
N264 switches the digits
6 and
2.
This type of mistake is called a transposition error.
It is not an omission, because no digit is left out.
It is not a commission error, because the wrong figure is not a different amount entirely.
It is also not a principle error, because no accounting rule is misapplied.
Therefore, the error is simply a reversal of digit sequence.
Answer:C. transposition