Question

Checking serial no. of voucher during vouching helps the auditor to ___________.

Answer 1

obtain evidence that audit

Answer 2

Answer:

Checking the Serial number of voucher during vouching helps the auditor to identify the relevant period He/She is auditing is in continuation or not.

Explanation:

Checking of serial no. of voucher helps to identify the following:

1. If any back dated entries are posted in the books of accounts
2. Any fraudulent bills are claimed which are not connected to the accounting period
3. Chronological order is maintained.