Question

    Process of verifying the documentary evidences of transactions are known as:

    A Auditing Correct Answer Incorrect Answer
    B Testing Correct Answer Incorrect Answer
    C Vouching Correct Answer Incorrect Answer
    D Verification Correct Answer Incorrect Answer

    Solution

    The process of verifying the documentary evidences of transactions is known as "vouching." Vouching involves examining and checking the authenticity and accuracy of financial transactions by reviewing supporting documents and evidence.

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