Multiple choice

Which of the following is called the backbone of auditing?

  1. Routine checking

  2. Vouching

  3. Internal check

  4. Internal control
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Vouching is considered the backbone of auditing because it involves verifying the authenticity and accuracy of transactions by examining supporting documents. This systematic verification forms the foundation for all other audit procedures. Routine checking, internal check, and internal control are supplementary processes.

Keep practicing — related questions