What does discrepancy mean example

What does discrepancy mean example?

A discrepancy is simply an amount that is different from what you should have received or what was initially stated or charged. The term discrepancy can also be used to describe a difference between two values, when one of the values is missing. When you run into discrepancy issues, it can be confusing because it often implies that you are at fault. However, you might be able to argue that the discrepancy is not your fault, even if you are the one who made the mistake.

What does discrepancy mean example sentences?

This discrepancy in a credit report can be due to human error. It is not uncommon for credit reports to contain errors. The good news is that it is not difficult to fix credit report discrepancies You can call the credit bureaus and dispute the information. This will let the credit bureaus know that you dispute the information. They will then update your credit report accordingly. Be sure to always dispute any information you do not believe is accurate. Doing so will help to improve your credit score.

What does the word discrepancy mean in English example?

A discrepancy is an apparent difference between two values or between two records that indicates that one is wrong or that something is amiss. In the context of accounting, discrepancy refers to a difference between the amount of money that an account shows and the actual amount of money in that account. For example, if you have a bank account with a balance of $500, and you have a bank statement showing a balance of $500. If you discover that the balance shown on the bank statement is actually $200

What does the mean discrepancy in example?

A discrepancy is a difference between two numbers that cannot be explained by an error in the record keeping. For example, you may have a discrepancy between the number of hours you worked and the number of hours your employer reported for you. If you worked 40 hours in a week but your employer only reported 35, that’s a discrepancy. If you say you worked 40 hours but your time card says you only worked 35, that’s a discrepancy as well.

What does discrepancy mean in example?

When we talk about discrepancy in home inspection reports, we’re not just referring to the size of the discrepancy. Taking into account the size of the discrepancy is one way to determine if the discrepancy is significant. However, the size of the discrepancy is not the only thing to consider. In fact, the inspector may determine that the discrepancy is NOT significant even though it is large.