New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    While auditing cash payments, an auditor examines

    supporting documents like invoices, payment vouchers, and authorizations. This process is called:
    A Verification Correct Answer Incorrect Answer
    B Valuation Correct Answer Incorrect Answer
    C Vouching Correct Answer Incorrect Answer
    D Substantive testing Correct Answer Incorrect Answer

    Solution

    Vouching is the process of checking authenticity of transactions through supporting documents.

    Practice Next