Erroneous rearrangement of financial figures such as writing ₦624 as ₦264 is called
Answer Details
The correct answer is "transposition." Transposition is the act of mistakenly reversing the order of two digits when recording a financial figure. In the given example, writing ₦624 as ₦264 is an example of transposition because the digits 2 and 6 have been swapped. This can result in significant errors in financial records, which is why it is important to double-check figures and reconcile accounts regularly.