imported>Doug Williamson |
imported>Doug Williamson |
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| ''Banking - representative bodies.''
| | 1. |
| | A simple error of data entry when two digits in a number are reversed (transposed). |
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| (EBF).
| | When two adjacent digits are transposed the error will always be divisible by 9. |
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| The European Banking Federation's members are national banking associations, both from European Union (EU) member states, and other European countries.
| | For example: |
| | If 3,460 should be 3,640 |
| | the difference is 180 (3,640-3,460=180) |
| | 180/9 = 20. |
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| The EBF describes itself as "committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere."
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| ''(Source - European Banking Federation)''
| | 2. |
| | Similar errors with non-numerical data. |
| | For example ABC entered wrongly as ACB. |
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| ==See also== | | == See also == |
| | | * [[Double counting]] |
| *[[Bank]] | |
| *[[Bank supervision]]
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| *[[British Bankers' Association]]
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| *[[Central bank]]
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| *[[Ecosystem]]
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| *[[European]]
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| *[[European Banking Authority]]
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| *[[European Central Bank]]
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| *[[European Investment Bank]]
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| *[[European Union]]
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| *[[Eurosystem]]
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| *[[Global Sustainable Finance Council]]
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| ==External link==
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| * [https://www.ebf.eu/priorities/ Our strategic priorities - European Banking Federation]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Financial_products_and_markets]]
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| [[Category:Trade_finance]]
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1.
A simple error of data entry when two digits in a number are reversed (transposed).
When two adjacent digits are transposed the error will always be divisible by 9.
For example:
If 3,460 should be 3,640
the difference is 180 (3,640-3,460=180)
180/9 = 20.
2.
Similar errors with non-numerical data.
For example ABC entered wrongly as ACB.
See also
