Question

    Process of verifying the documentary evidences of

    transactions are known as___________
    A Auditing Correct Answer Incorrect Answer
    B Verification Correct Answer Incorrect Answer
    C Witness Correct Answer Incorrect Answer
    D Vouching Correct Answer Incorrect Answer

    Solution

    V ouching is defined as the "verification of entries in the books of account by examination of documentary evidence or vouchers, such as invoices, debit and credit notes, statements, receipts, etc.

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