New Click here to Enroll in NaBFID Analyst Intro Class on May 6

    Question

    __________ is a systematic examination of the books and

    records or a business
    A Auditing Correct Answer Incorrect Answer
    B Vouching Correct Answer Incorrect Answer
    C Verification Correct Answer Incorrect Answer
    D Checking Correct Answer Incorrect Answer

    Solution

    Auditing is a systematic examination of the books, records, and financial statements of a business to ensure accuracy, compliance with laws and regulations, and reliability of financial information. It involves the independent evaluation of an organization's financial information by a qualified auditor.

    Practice Next