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

Related MCQs

• An auditor is verifying valuation of building which has been self constructed by the client. Which of the following documents is least relevant to the auditor for verification purposes?
• The auditor while verifying prepaid insurance has concluded that there is inadequate insurance of building, He should__
• While verifying intangible assets, an auditor would recomputed amortization charges and determines whether amortization period is reasonable. The auditor tries to establish ….by doing it
• ___ is documentary evidence by which the accuracy in the books of accounts may be proved.
• While vouching, how will the auditor ensure himself that all credit sales transactions have been recorded by the entity?
• The auditor is most likely to examine related party transactions very carefully while vouching
• Concealment of shortage by delaying the recording of cash receipts is known as
• Lapping is also known as:
• A number of checks and controls exercised in a business to ensure its efficient working are known as ________.
• A number of checks & controls exercised in a business to ensure its efficient working is known as :