New Enroll in RBI Grade B New Batch - Starts on May 21

    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.

    Practice Next