Question

Q3: The auditors cannot check every item of the
financial transactions, hence he uses:
a) Internal Checking
b) Comprehensive checking
c) Test checking
d) Vouching and verification​

Answer 1

Answer:

option B

comprehensive checking is the correct answer

Explanation:

please mark as brainleist answer n follow up I'll definitely follow back ✌️

Answer 2

Since every item can not be checked, thus test checking is used.

• The auditor is unable to examine each and every transaction as the number of transactions in huge enterprises is enormous.
• As a result, verifying all of the entries is physically unfeasible. It's possible that auditor will undertake test checking.
• Test checking can be used in place of extensive testing.
• The auditor employs test checks, that he limits his inspection of every transaction entered by his client in the books to specified internal control and financial statement data tests.
• It entails a thorough inspection of number of transactions chosen at random from entire accounting data, rather than of all transactions.