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Commerce · Q270

Auditing

Graduate and Post Graduate · Commerce · question 270

Q270

Vouching may be termed as:

A.
Identification of the documentary evidence supporting the transaction
B.
Verification of the documents supporting the transaction
Answer
C.
Authentication of the document supporting the transaction
D.
Verification of the accuracy and authenticity of the transaction

Answer: Option B

Solution

Answer: Option B
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