Multiple choice

The process of checking documentary evidences to ascertain the accuracy of accounting of records is called

  1. verification

  2. routine checking

  3. vouching

  4. internal check
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Vouching is the act of examining documentary evidence to verify the accuracy and authenticity of transactions recorded in accounting records. It is often described as the 'backbone of auditing'.

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