A recently developed spatial differencing scheme, Linear Characteristic (LC) scheme is compared with some traditionally used schemes such as Step Difference (SD), Diamond Difference (DD), and Step Characteristic (SC) scheme by analyzing the truncation error calculated numerically in slab geometry. Those four candidate schemes are applied to one simple source sink problem and two criticality problems (one is calculation of multiplication factor and the other is slab critical half thickness). The calculated results are then examined by some equitable measures of error. It is concluded that the LC scheme is terribly more powerful than any other candidate scheme that has been prevalent up to the present time. Moreover, the LC scheme estimates integral parameter such as multiplication factor and critical half thickness much more efficiently than SD or SC scheme. This is due to the fact that the fortuitous error cancellation, which occurs when the deviations of cell average flux are summed over the whole gamut of spatial meshes, happens much more favorably to the LC scheme.