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A Trial Balance discloses how many types of errors?
A Trial Balance discloses errors that are given below:
i) An item posted double.
ii) A mistake into posting.
iii) A mistake during addition.
iv) An item left while being posted.
v) Money values incorrectly recorded (as Rs. 160/- in place of Rs. 1600/-).
However a Trial Balance, will not disclose errors of omission, errors of compensation and errors of principle.
List five considerations to consider when starting to define the scope of the business process outsourcing transaction and discuss the importance of each in relation to outsourcing
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the importance of the measurtement of market risk for financial institution
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